Ocean Freight Europe – Asia Rates still at lowest level Baltic Freightos Europe to Asia (US$/40ft) $800 $700 $600 $500 $400 $300 $200 Freightos Baltic (FBX12) index Levels 24-2023: • Europe to ASIA : USD 364/ FEU Ongoing softening in the spot market • Sufficient space available on the majority of loops • MSC to reinstate the “SWAN” service as stand -alone product (the former 2M loop was suspended in May 2020) First EU export sailings are expected to commence as from July 2023. Source: Freightos Baltic Week 24-2023
Download PDF file
Cookie policy