Spot rates in global freights ocean sector are still trending down, according to the World Container Index WCI by maritime consultancy Drewry.
Asia-Europe rotations are exhibiting what can best be described as a wind-down from the peak season, says shipping analyst and CEO of Vespucci Maritime, Lars Jensen.
He says that, according to the WCI, rates on the Pacific trade are almost back to the levels seen before the Red Sea crisis.