Freight rates fell again.

With the passage of time, the prospect of the traditional peak season is gradually disappearing. Due to inflation and weak demand in Europe and America, shipping companies have not seen a significant increase in export orders from China. Maersk recently said that demand remained "stable", but "there was no significant increase".

Another contact of the shipping company said that it is too early to talk about recovery. He said: "We have now pinned our hopes on the post-peak season. Eventually these stocks will need to be replaced for the holiday season, because no one wants to buy last year's products. "

Due to the lack of growth in the upcoming peak season, the spot freight rate of containers on the east-west trade route was under pressure again last week. A freight forwarding company headquartered in Shenzhen, China has offered a freight rate of $1,000 per 40 feet from Ningbo or Qingdao to Rotterdam, which is valid until June 10th.

In addition, a large shipping company has adjusted the "special" FAK rate of shippers from Yantian, Nansha and Xiamen to a series of Nordic port contracts to 850 US dollars /40 feet, effective from June 1 and valid until June 14.

In contrast, Xeneta's XSI Asia-Northern Europe freight index dropped slightly this week, averaging $1,370 per

 40 feet.

At the same time, MSC put more pressure on its 2M partner Maersk, and announced that it would resume its 

suspended "Swan" service from June 9th, and resume 

operation as an "independent MSC service" from Asia to Antwerp and the Baltic Sea.

In other respects, the Asia-Mediterranean trade route is more optimistic for shipping companies. Maersk said: "We are looking forward to a complete service network, and we are actively trying to increase the capacity to meet the needs of customers." It added that the market demand in the Mediterranean "is expected to continue to grow throughout the second quarter" and suggested that customers use its SPOT platform to make reservations.

market is still in a downturn due to the rising cost of living and interest rates-negative fundamental factors are dragging down consumer spending in North America.

According to the data of the Signal platform, the manifest import through the container terminal in Los Angeles 

last week decreased by 18% compared with the same period of last year to 86971TEU, and there will be an 

18% deficit next week.

The latest issue of the Baltic Freight Index (FBX), the average spot freight rate in Asia-America and the West, 

dropped by 15% to $1,309 per 40 feet, temporarily ruling out any hope for shipping companies to launch GRI

 on this route.