The weakness in the demand for international maritime transport is causing a sharp reduction in the congestion that until recently was suffocating some of the main ports on the planet.
In the same way, the trend is also allowing the reliability of the services to improve, with routes that each tend to adjust more and more to the expected transit times.
As a result, there appears to be some excess capacity in the market which, combined with declining demand, could lead, in the opinion of certain operators, to a possible price war.
In this context, Frieghtos calculates that freight rates have fallen by 7% in the last week and that they are 79% below the record they had a year ago.
In particular, the prices of the prices of the services that unite Asia and the North American west coast have fallen by 1% weekly and 91% annually, while the routes between the Asian continent and the east coast of the United States have not varied in the last week, but they remain 84% below those of a year ago.
In turn, freight rates on routes between Asia and northern Europe decreased by 15% weekly and 80% annually.
At the same time, transatlantic services also evolved 6% downward in the last week and 29% in the last year.
In all cases, the decline in the transport volumes required from Asia is being noted, despite the fact that service omissions have increased, while the main alliances develop agreements to share spaces for spot services between them.