According to Xeneta’s Weekly Ocean Container Shipping Market Update for July 8, 2025, global ocean freight rates are climbing sharply, driven by persistent port congestion, equipment shortages, and a strong rebound in demand. Both spot and long-term contract rates are rising across major trade lanes as carriers continue to limit available capacity while maximizing revenue opportunities.
Xeneta reports significant price surges on the Far East to North Europe route, with week-on-week increases exceeding 10%. North America-bound routes are also seeing elevated rates, as constrained vessel space and unpredictable schedules force shippers to compete for limited slots. This tightening in capacity is reshaping procurement strategies and inflating logistics costs globally.
Capacity Volatility and Supply Chain Disruptions
Carriers are strategically allocating space, prioritizing high-yield cargo and contracted volumes. Spot market shippers are left scrambling, often facing delays of over two weeks. Lead times have lengthened considerably, prompting businesses to revise shipping calendars and build in wider buffers.
Blank sailings, port omissions, and vessel bunching are becoming more common, especially on transpacific routes. In parallel, fuel surcharges and equipment repositioning fees are adding further pressure on logistics budgets. Freight forwarders are advising clients to diversify routing options and pre-book as early as possible.
Market Outlook: Costs to Climb Through Peak Season
Xeneta analysts warn that if these conditions continue through August, the 2025 peak season could become one of the most expensive in recent memory. Although some relief is anticipated in Q4 with the arrival of new vessel capacity, the near-term outlook remains bullish for carriers and turbulent for shippers.
Shippers are being encouraged to reassess contract strategies, explore inland routing alternatives, and strengthen supplier communication to reduce exposure. With carriers showing no signs of moderating rate increases or loosening capacity, the market remains firmly in their favor.
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: Xeneta
