Trade

Asian port congestion drives sustained rise in container freight rates on key trade lanes

8 September 2026
3 sources

Container freight rates have continued to rise for a sixth consecutive week on major routes out of Asia, supported by resilient demand on US trades and growing congestion at Chinese ports. Benchmark indices KCCI and SCFI both recorded fresh weekly increases, while Drewry data show diverging rate moves on Shanghai–Europe lanes, reflecting a split peak season across trade corridors. This highlights how operational bottlenecks and strong demand are translating into higher transport costs for shippers.

As of September 8–9, 2026, container freight rates on export routes from Asia continue to climb, with several benchmarks confirming a sixth straight week of increases. Korean maritime data show that the Korea Container Composite Index (KCCI) stood at 4,697 points on September 7, up 106 points (2.3%) week on week, while the global Shanghai Containerized Freight Index (SCFI) rose by 80.52 points (2.3%) to 3,590.05 points. Drewry’s World Container Index for September 3 indicates that spot rates on Shanghai–Genoa fell 10% week on week to 4,368 dollars per 40-foot box and on Shanghai–Rotterdam dropped 5% to 4,092 dollars, underscoring a redistribution of demand between trade corridors. A broader freight market review notes that spot rates on several lanes remain above last year’s levels and that contract rates are roughly 20% higher year on year.

Share this article

Related news

Trade
22 Oct

SCFI rises for a third consecutive week as Europe trades strengthen

The Shanghai Containerized Freight Index rose to 3,681.34, with Far East–Europe rates increasing while US trades edged lower.

3 sources
Trade
18 Oct

European container routes drive a rebound after 13 weeks of declines

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.

2 sources
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