Global Shipping Market Update: June 2026
Global shipping has experienced significant disruption and uncertainty since the onset of...
Read moreOcean freight markets across Asia saw notable shifts in October, driven largely by China’s Golden Week holiday. The planned blank sailings during this period temporarily reduced available capacity, while freight rates continued to face downward pressure amid softer-than-expected demand.
As manufacturing activity resumed in the second half of October, market conditions began to stabilise. However, the rebound in demand remained limited and volumes did not return to pre-holiday levels.
Rates are expected to hold steady at current levels, with continued downward pressure likely to keep pricing low through the remainder of Q2 2025.
Looking ahead, the 2025 peak season for the Asia-Australia trade lane is expected to be challenging, influenced by several key factors:
Overall, the market remains soft with stable yet low freight rate levels and ongoing operational variability across Oceania.
Global shipping has experienced significant disruption and uncertainty since the onset of...
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Last month, Northline representatives IFM Sales Manager, Joe Rizk and International Trade...
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