Financial Ports

Trans-Pacific freight rates hit $9,500

CLAVE 1 / 4Trans-Pacific rates to the East Coast have climbed to $9,500 per unit, nearing 2024 peak levels.

CLAVE 2 / 4Iran’s exclusion zone near the Strait of Hormuz has pushed bunker fuel prices back to mid-year highs.

CLAVE 3 / 4Severe typhoon-driven congestion at Asian hubs has forced carriers to blank sailings, further squeezing capacity.

CLAVE 4 / 4Asia-Europe rates remain elevated at $4,500-$4,700, with Mediterranean lanes seeing sharper declines.

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