In the last 7 days overall Baltic / FBX container shipping rates have held steady with a small 0.6% increase in the headline rate.

The China/East Asia to North America West Coast FBX01 saw a $74 fall or 3.6%, but conversely the FBX03 to North America East Coast saw a $226 or 6.73% rise.

Rates from China/East Asia to North Europe FBX11 saw modest gains of 0.4%, while China/East Asia to Mediterranean fell 0.7%

These small gains are not as large as last weeks, but carriers will be pleased of the change in recent direction and will be pushing for more in following weeks.

Geopolitical dynamics continue to influence global trade flows. The ongoing “war of words” between China and the United States has reinforced concerns over potential tariff or regulatory changes, leading some importers to diversify sourcing away from China. While no new measures were introduced this week, the underlying tension continues to weigh on market confidence across Trans-Pacific routes.