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Liner rates continue to remain at high levels, it has been a mixed week overall. The Strait of Hormuz is perhaps looking closer to reopening than it has in recent times, this happening would slowly reduce fuel costs and in effect we would likely see liner rates drop in the longer term.

The cross Pacific trade FBX01 (China/East Asia – US West Coast) gained $918 from last Friday ending the week at $7,012 and is up $4,395 since the start of 2026. Rates from the Far East to the USEC FBX03 (China/East Asia – US East Coast) increased by $125 over the week ending at $9,144, this route is up $5,387 since the start of the year.

Containers into the North Continent represented by FBX11 (China/East Asia – North Europe) decreased by $543 week-on-week, settling the week at $4,976, but is up $1,976 from January. Trade into the Mediterranean FBX13 (China/East Asia – Mediterranean) lost $722 from last Friday, ending the week at $5,794 and is up $1,164 from the start of the year.