Surging Spot Rates Tighten Vessel Capacity for Early July

port of shangai

The maritime shipping industry is witnessing significant changes as spot rates surge across major trade routes. According to the latest report from the Voice of the Independent, the Asia-North America trade lane has experienced double-digit spot rate increases for the first week of July, a trend that is expected to continue beyond October’s Golden Week. Drewry’s World Container Index (WCI) has reported a week-on-week growth … Read More