Trade

European container routes drive a rebound after 13 weeks of declines

18 October 2026
2 sources

Drewry’s composite spot-rate index rose 3% to $4,485 per FEU as Asia–Europe cargo flows recovered after China’s Golden Week. Carriers are seeking FAK rates of $4,500–$4,800 per FEU on the trade.

Drewry data reported on October 19, 2026, showed average spot container freight rates on major east–west trades rising 3% to $4,485 per 40-foot container after thirteen consecutive weeks of decline. The Shanghai–Genoa trade recorded the largest percentage increase, with rates climbing 7% to $3,945 per FEU.

Share this article

Related news

Trade
16 Oct

Middle East Risk Pushes Global Container Rates Higher for a Second Week

Global spot container rates increased for a second consecutive week, although gains were concentrated on selected trades. European, Mediterranean and Middle East services recorded the clearest increases, while US-bound lanes weakened.

2 sources
Trade
7 Oct

Global container volumes hit a record as freight pricing reaches a more than two-year high

Global container volumes reached a record 17.46 million TEUs in August, while freight pricing rose to its highest level in more than two years, according to Container Trades Statistics.

2 sources
Trade
28 Sept

Record tanker rates reshape Canadian crude shipments to Asia

Surging tanker rates have made direct Pacific voyages by smaller tankers more competitive, while VLCC charter rates have approached $500,000 per day.

2 sources