← ← Back to Supply Chain Review
Ocean Freight

Asia-Europe Spot Rates Underpinned by Diversions as Red Sea Transit Remains Off-Limits

Source: Lloyd's List · 2026-05-13
Summary

Lloyd's List reports Asia-North Europe spot rates remain elevated as the Cape of Good Hope diversion persists, adding 10-14 days and significant bunker cost to each round voyage. Operators said no meaningful return to the Suez routing is expected before the second half of the year, keeping effective capacity tight. Carriers continue to levy transit disruption surcharges on most east-west trades.

Read original article →