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【 Weekly News 】Freight Rates on European and American are Rising – Tianjin Royal Steel Group


This week, some airlines followed suit by raising booking prices in the spot market, and market freight rates rose again.

On December 1, the freight rate (sea freight plus sea surcharge) exported from Shanghai Port to the European basic port market was US$851/TEU, an increase of 9.2% from the previous period.

The market situation of Mediterranean routes is basically similar to that of European routes, with spot market booking prices rising slightly.

On December 1, the market freight rate (sea freight plus sea surcharge) exported from Shanghai Port to the Mediterranean basic port was US$1,260/TEU, up 6.6% month-on-month.

carbon steel shipping
The market performance is generally stable. Freight rates on European and American routes are recovering1

If you are a European customer or have plans to import to Europe recently, this news is helpful to you, if this is the case, please feel free to contact us and we will provide you with more details.

Contact Us for More Information
Email: sales01@royalsteelgroup.com(Sales Director)
chinaroyalsteel@163.com (Factory Contact)
Tel/WhatsApp: +86 153 2001 6383


Post time: Dec-05-2023