As time enters the second week of May, the entire northern hemisphere has also entered a season of vitality, and the shipping industry seems to have also ushered in its peak season.

The latest data from Clarkson Research shows that the freight rates of almost all ship types in the shipping market last week  all have increased!

Shipping logistics has always been an important link in textile foreign trade, and shipping prices directly affect profits.

Recently, shipping companies are implementing peak season surcharges and GRI for both long-term and short-term contracts.

Herbert Roth, Mediterranean Shipping, and Delta Shipping have all announced an increase in ocean freight rates from the Far East to Europe. In addition, the freight forwarder also mentioned that due to market tension and strategic adjustments by shipping companies, multiple shipping companies have closed their FAK and spot booking mechanisms, and will not reopen until June or later.

This means that even if you are willing to pay higher shipping fees, you may not be able to book a cabin in a timely manner, which further accelerate the tense situation in the freight market.

Unrelated routes have also been affected, such as the significant increase in freight rates for the Asia to Latin America route, which is now priced at $9000 to $10000 per 40 feet.