PRESS ROOM

With our comprehensive portfolio of international container shipping services, the U-Freight Group notes a report in Seatrade Maritime News that overcapacity and stalling demand are driving container shipping rates to new lows, according to the latest Market Pulse report by Linerlytica.

The consultant said that Asia to Europe rates are already below 2019 levels and there is a real risk that rates on the trade could slump to 2016 levels unless drastic capacity management levels are introduced.

The complete report can be seen here: https://tinyurl.com/2mz55em3

You can find more information about the U-Freight Group’s ocean freight services by visiting the relevant pages of this website or speaking to your usual contact in our company.