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Ocean Freight Rate Forecast 2023

Our topic for today is Ocean Freight Rate Forecast 2023. The freight market gets balanced in the shipping market cycle, has been oversupplied for several months, and will soon improve. The advice given to shippers for 2023 is to get their game plan ready for transitioning into the up cycle, the next stage of the […]

Ocean Freight Rate Forecast 2022

Our topic for today is Ocean Freight Rate Forecast 2022. On the basis of high ocean freight rates on few basic shipping routes, the average cost of the shipping went up to almost 300% in the year 2021. It cost about USD10, 500 to ship a 40-foot container from Shanghai to Rotterdam. This is 550% […]