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
Check rates
Shanghai - Los Angeles
From $1300
Check rates
Qingdao - New York
From $2100
Check rates
Yantian - Baltimore
From $1900
Check rates
Yantian - Prince Rupert
From $900
Check rates
Shanghai - Savannah
From $2000
Check rates

*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
Check rates
Shanghai - Santos
From $2000
Check rates
Shekou - Callao
From $1400
Check rates
Qingdao - Cartagena
From $2300
Check rates
Ningbo - Cartagena
From $2600
Check rates
Shanghai - Guayaquil
From $1300
Check rates


*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
Check rates
Shanghai - Mersin
From $1800
Check rates
Shekou - Gemlik
From $2100
Check rates
Qingdao - Barcelona
From $1200
Check rates
Ningbo - Genova
From $1700
Check rates
Shanghai - Fos Sur Mer
From $1200
Check rates

*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
Check rates
Shanghai - Casablanca
From $2700
Check rates
Qingdao - Apapa
From $2800
Check rates
Shanghai - Mombasa
From $1000
Check rates
Qingdao - Djibouti
From $1700
Check rates
Ningbo - Durban
From $1000
Check rates

*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
Check rates
Shanghai - Bahrain
From $1300
Check rates
Ningbo - Jebel Ali
From $1000
Check rates
Ningbo - Ajman
From $1300
Check rates
Shanghai - Jeddah
From $1700
Check rates
Shanghai - Aden
From $2500
Check rates


*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
Check rates
Shanghai - Nhava Sheva
From $500
Check rates
Qingdao - Chennai
From $700
Check rates
Qingdao - Calcutta
From $1100
Check rates
Shekou - Laem Chabang
From $100
Check rates
Shanghai - Tokyo
From $340
Check rates


*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.