Xeneta warns ceasefire doesn't reset supply chain disruption
470 ships displaced, spot rates up 192% on Far East-US West Coast, full recovery by mid-September 2026.
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Ocean and air freight rate analytics platform
xeneta.comLast updated
In short: Xeneta reported significant volatility in global shipping as the Middle East crisis and port congestion drove ocean and air freight rates higher.
470 ships displaced, spot rates up 192% on Far East-US West Coast, full recovery by mid-September 2026.
The blockade affected 10% of global fleet, spot rates surged up to 192% on some trades.
Rates surge across major trades due to Middle East conflict, port delays and energy crisis fears, with Far East–US West Coast spot at USD 3,933 per FEU.
Chief Analyst Peter Sand explains the wave pattern of rate spikes and strategies for shippers.
Xeneta expects the market disruption to run until at least mid-September after Hormuz blockade . Find the latest news from the maritime industry on the...
Asia-to-U.S. spot rates reported by both Xeneta and Drewry are up almost 100% from levels at the end of February, when the Iran conflict began...
“Even with alternative routings, there is huge schedule disruption at ports like Mundra, Nhava Sheva, and Khor Fakkan — and that is not going to...
From oil to gas and fertiliser prices, to shipping rates and ease of passage, fragile ceasefire rests on success of Pakistan ...
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