Freight rate changes in late June 2025 and analysis of freight rates in July
With the arrival of the peak season and the strong demand, the shipping companies' price increases seem to have not stopped.
In early June, MSC announced that new freight rates from the Far East to Northern Europe, the Mediterranean and the Black Sea will take effect from June 15. The rates of 20-foot containers in different ports have increased by about US$300 to US$750, and the rates of 40-foot containers have increased by about US$600 to US$1,200.
Maersk Shipping Company announced that from June 16, the peak season surcharge for routes from Far East Asia to the Mediterranean will be adjusted to: US$500 for 20-foot containers and US$1,000 for 40-foot containers. The peak season surcharge for routes from mainland China, Hong Kong, China, and Taiwan, China to South Africa and Mauritius is US$300 per 20-foot container and US$600 per 40-foot container. The surcharge will take effect from June 23, 2025, and the Taiwan, China route will take effect from July 9, 2025.
CMA CGM announced that from June 16, a peak season surcharge of $250 per TEU will be charged from all Asian ports to all Northern European ports, including the UK and all routes from Portugal to Finland/Estonia. From June 22, a peak season surcharge of $2,000 per container will be charged from Asia to Mexico, the west coast of South America, the west coast of Central America, the east coast of Central America and the Caribbean (except French overseas territories). From July 1, a peak season surcharge of $2,000 will be charged for each container from Asia to the east coast of South America.
Since the Sino-US tariff war eased in May, many shipping companies have gradually begun to increase freight rates. Since mid-June, shipping companies have announced the collection of peak season surcharges, which also heralds the arrival of the international logistics peak season.
The current upward momentum of container shipping is obvious, with Asian ports dominating, with 14 of the top 20 located in Asia, and China accounting for 8 of them. Shanghai maintains its leading position; Ningbo-Zhoushan continues to grow on the support of rapid e-commerce and export activities; Shenzhen remains an important port in South China. Europe is recovering, with Rotterdam, Antwerp-Bruges and Hamburg showing recovery and growth, enhancing Europe's logistics resilience. North America is growing strongly, with container throughput on the Los Angeles and Long Beach routes growing significantly, reflecting the rebound in US consumer demand.
Therefore, after analysis, it is inferred that there is a possibility of an increase in shipping costs in July. It is mainly affected by factors such as the growth in Sino-US trade demand, the increase in shipping rates by shipping companies, the arrival of the logistics peak season, and tight shipping capacity.
However, it should also be noted that demand growth, capacity shortages, labor-capital conflicts and other unstable reasons will cause port congestion and delays, thereby increasing logistics costs and time, affecting the supply chain, and causing shipping costs to remain at a high level.
Senghor Logistics continues to arrange cargo transportation for customers and provide the best international logistics solutions. You are welcome to consult us and let us know your needs.
Post time: Jun-11-2025
