SeaRates Freight Updates: China Market, June 2023

SeaRates assists you in searching, comparing, and requesting freight rates for any shipping route with innovative logistics solutions. For an overview of freight rates on international lines, we provide you with a freight rate report for the Chinese market, presented by YQNLink, a Digital Freight Alliance member from China.


The following is an overview of freight rates for shipping from China to different regions of the world, the market in major directions, and the space and equipment for them.


Freight rates overview from China to different regions

Logistics from China to most regions is characterized by stable demand and no supply chain problems. Statistics illustrate an increase in freight rates in most cases. Check out the highlights for details on regions:


North America: The ocean rates for North America are showing an increasing trend due to supply-demand improvements. The freight rates from China ports to western USA ports increased by 19.2% from last month. At the same time, ocean rates to eastern USA ports rose by 11.0%, respectively, from the previous month. The space and equipment availability are normal.



Freight rates overview

China - North America

Source: YQNLink


We would like to inform you that we expect freight rates to increase on the China-North America trade route soon. We recommend our customers plan their shipments accordingly and consider booking in advance to guarantee sufficient space and avoid possible delays.


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to North America.


Ningbo - Tacoma
From $1100
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Shanghai - Los Angeles
From $1300
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Qingdao - New York
From $2100
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Yantian - Baltimore
From $1900
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Yantian - Prince Rupert
From $900
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Shanghai - Savannah
From $2000
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*Actual rates are valid until June 30, 2023.


South America: The rates for South America base ports have increased by 7,9% compared to last month. The space and equipment were sufficient and normal to meet stable supply and demand.



Freight rates overview

China - South America

Source: YQNLink


We would like to inform you that we expect freight rates to increase on the China-North America trade route soon. We recommend our customers plan their shipments accordingly and consider booking in advance to guarantee sufficient space and avoid possible delays.


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to South America.


Ningbo - Guayaquil
From $1300
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Shanghai - Santos
From $2000
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Shekou - Callao
From $1400
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Qingdao - Cartagena
From $2300
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Ningbo - Cartagena
From $2600
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Shanghai - Guayaquil
From $1300
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*Actual rates are valid until June 30, 2023.


Europe: The freight rates for transportation from Chinese ports to European base ports have decreased by 1.5% compared to last month. In addition, the freight rate from China to MED base ports also, decreased by 0.8% from last month. The space and equipment were sufficient and normal.



Freight rates overview

China - Europe

Source: YQNLink


We would like to inform you that we expect freight rates to increase on the China-North America trade route soon. We recommend our customers plan their shipments accordingly and consider booking in advance to guarantee sufficient space and avoid possible delays.


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to Europe.


Ningbo - Istanbul
From $1800
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Shanghai - Mersin
From $1800
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Shekou - Gemlik
From $2100
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Qingdao - Barcelona
From $1200
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Ningbo - Genova
From $1700
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Shanghai - Fos Sur Mer
From $1200
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*Actual rates are valid until June 30, 2023.


Africa: Ocean rates for Africa are unchanged compared to last month. Space and equipment were sufficient and normal.



Freight rates overview

China - Africa

Source: YQNLink


We would like to inform you that we expect freight rates to increase on the China-North America trade route soon. We recommend our customers plan their shipments accordingly and consider booking in advance to guarantee sufficient space and avoid possible delays.


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to Africa.


Ningbo - Beirut
From $1800
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Shanghai - Casablanca
From $2700
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Qingdao - Apapa
From $2800
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Shanghai - Mombasa
From $1000
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Qingdao - Djibouti
From $1700
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Ningbo - Durban
From $1000
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*Actual rates are valid until June 30, 2023.


Middle East: Ocean rates from Chinese ports to the main Middle East ports, namely, Persian Gulf ports, increased by 1.6% from the previous month. The space and equipment were sufficient and normal.



Freight rates overview

China - Middle East

Source: YQNLink


We would like to inform you that we expect freight rates to increase on the China-North America trade route soon. We recommend our customers plan their shipments accordingly and consider booking in advance to guarantee sufficient space and avoid possible delays.


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to the Middle East.


Ningbo - Jeddah
From $1500
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Shanghai - Bahrain
From $1300
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Ningbo - Jebel Ali
From $1000
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Ningbo - Ajman
From $1300
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Shanghai - Jeddah
From $1700
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Shanghai - Aden
From $2500
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*Actual rates are valid until June 30, 2023.


Asia: The freight rates from China to Asian ports remain unchanged at the level of last month. The space and equipment availability are normal.



Freight rates overview

China - Asia

Source: YQNLink


We would like to inform you that we expect freight rates to increase on the China-North America trade route soon. We recommend our customers plan their shipments accordingly and consider booking in advance to guarantee sufficient space and avoid possible delays.


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to Asia.


Ningbo - Karachi
From $1000
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Shanghai - Nhava Sheva
From $500
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Qingdao - Chennai
From $700
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Qingdao - Calcutta
From $1100
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Shekou - Laem Chabang
From $100
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Shanghai - Tokyo
From $340
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*Actual rates are valid until June 30, 2023.


We have observed a trend of increasing freight rates for shipping and strengthening supply and demand in the direction of transportation from China.

The general trend is to overcome demand issues, prompting a GRI push, as Hapag-Lloyd has done for shipments from the Middle East and Indian subcontinent to North America. Here you can find out about the sailings that will be affected by the rate adjustment.

Maersk is another carrier that has joined the GRI to restore trade volumes.

On SeaRates.com you can get freight rates for any shipping route according to your needs. If you would like to receive a personalized freight quote, please send us a request, and our manager will contact you and provide a customized solution depending on your requirements.

Sophia Shkuro is a content manager from Dnipro, Ukraine. Believes that the more complex a thing is, the easier it should be to write about it. Dreams of a future vacation by the sea.

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