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Freight rates halt two consecutive declines! Four major shipping routes stage a joint rebound.
Release time：
2026-05-08
Browsing：152次
After two consecutive weeks of decline, the container shipping market has staged a phased rebound. The latest Shanghai Containerized Freight Index (SCFI) halted its fall and rose to 1,911.4 points, a weekly increase of 1.9%. All four major routes rose in tandem, with industry insiders suggesting the traditional peak season may start earlier than expected.
The rebound reflects a broad-based recovery. The Far East – U.S. West Coast route led the gains, up 5.26%, followed by increases on the Far East – U.S. East Coast, Europe, and Mediterranean routes. The South America route surged 15.3%, while only the Persian Gulf and intra-Asia routes posted mild declines.
Multiple factors drove the rebound: rising international oil prices supported costs; capacity adjustments by shipping alliances in April led to a temporary supply contraction; and post-May Day factory resumptions fueled expectations of a cargo volume recovery from mid-May.
Spot rates remain steady to firm, and carriers are planning another round of General Rate Increases (GRIs), targeting Europe at $3,000/FEU and U.S. routes above key psychological thresholds. However, tariff policy effects are still feeding through with a lag. In the medium to long term, freight rate trends remain uncertain, weighed down by overcapacity and macro demand shifts.
Far East-Europe: USD 1,521/TEU, up 1.6%; Far East-Mediterranean: USD 2,430/TEU, up 0.41%; Far East-U.S. West Coast: USD 2,722/FEU, up 5.26%; Far East-U.S. East Coast: USD 3,691/FEU, up 3.39%; Persian Gulf: USD 3,937/TEU, down 0.4%; South America (Santos): USD 2,931/TEU, up 15.3%; Australia-New Zealand: USD 1,167/TEU, up 9.4%.
For near-sea routes: Far East-Southeast Asia: USD 563/TEU, down 0.71%; Far East-Japan Kansai: USD 316/TEU; Far East-Japan Kanto: USD 318/TEU, down 0.31%; Far East-South Korea: USD 161/TEU, down 1.23%.
The rebound reflects a broad-based recovery. The Far East – U.S. West Coast route led the gains, up 5.26%, followed by increases on the Far East – U.S. East Coast, Europe, and Mediterranean routes. The South America route surged 15.3%, while only the Persian Gulf and intra-Asia routes posted mild declines.
Multiple factors drove the rebound: rising international oil prices supported costs; capacity adjustments by shipping alliances in April led to a temporary supply contraction; and post-May Day factory resumptions fueled expectations of a cargo volume recovery from mid-May.
Spot rates remain steady to firm, and carriers are planning another round of General Rate Increases (GRIs), targeting Europe at $3,000/FEU and U.S. routes above key psychological thresholds. However, tariff policy effects are still feeding through with a lag. In the medium to long term, freight rate trends remain uncertain, weighed down by overcapacity and macro demand shifts.
Far East-Europe: USD 1,521/TEU, up 1.6%; Far East-Mediterranean: USD 2,430/TEU, up 0.41%; Far East-U.S. West Coast: USD 2,722/FEU, up 5.26%; Far East-U.S. East Coast: USD 3,691/FEU, up 3.39%; Persian Gulf: USD 3,937/TEU, down 0.4%; South America (Santos): USD 2,931/TEU, up 15.3%; Australia-New Zealand: USD 1,167/TEU, up 9.4%.
For near-sea routes: Far East-Southeast Asia: USD 563/TEU, down 0.71%; Far East-Japan Kansai: USD 316/TEU; Far East-Japan Kanto: USD 318/TEU, down 0.31%; Far East-South Korea: USD 161/TEU, down 1.23%.