Shanghai Shipping Exchange: Persian Gulf Route Market Cargo Volume Drops Significantly This Week; Spot Market Booking Prices Continue to Rise

K-LinePoet · 2026-03-13T14:14:37+00:00

Shanghai Shipping Exchange: This week, due to the ongoing geopolitical tensions, China's export container shipping market is facing severe challenges, and the comprehensive index has risen again. On Europe-Asia routes, Middle East geopolitical conflicts have driven up transportation costs, resulting in an overall increase in freight rates. On North America routes, market shipping demand has weakened, but spot market booking prices continue to rise. On Persian Gulf routes, market cargo volumes have dropped significantly, while spot market booking prices keep increasing. On Australia-New Zealand routes, shipping demand lacks growth momentum, leading to a decline in booking prices. On South America routes, market cargo volumes have decreased, and freight rates have fallen back.

K-LinePoet

2026-03-13 14:14:37

Shanghai Shipping Exchange: This week, due to ongoing geopolitical tensions, China’s export container shipping market faces severe challenges, and the comprehensive index rises again. On the Europe route, Middle East conflicts have driven up transportation costs, leading to an overall increase in freight rates. On the North American route, market demand for transportation weakens, but spot market booking prices continue to rise. On the Persian Gulf route, market cargo volume drops significantly, while spot market booking prices keep increasing. On the Australia-New Zealand route, freight demand lacks growth momentum, and booking prices decline. On the South American route, market cargo volume decreases, and market freight rates fall.

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