{"id":99242,"date":"2026-02-23T04:19:30","date_gmt":"2026-02-23T07:19:30","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/894688089"},"modified":"2026-02-23T04:19:30","modified_gmt":"2026-02-23T07:19:30","slug":"xeneta-weekly-ocean-container-shipping-market-update-average-spot-rates-are-down-this-week-across-all-main-fronthaul-trades-out-of-the-far-east","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/23\/xeneta-weekly-ocean-container-shipping-market-update-average-spot-rates-are-down-this-week-across-all-main-fronthaul-trades-out-of-the-far-east\/","title":{"rendered":"Xeneta Weekly Ocean Container Shipping Market Update: Average spot rates are down this week across all main fronthaul trades out of the Far East"},"content":{"rendered":"

<\/p>\n

Latest Xeneta ocean container shipping data highlights are provided below quotes from Xeneta Chief Analyst Peter Sand.<\/p>\n

Xeneta analyst insight<\/strong><\/p>\n

Peter Sand, Xeneta Chief Analyst:<\/strong><\/p>\n

\u201cAverage spot rates are down this week across all main fronthaul trades out of the Far East.<\/p>\n

\u201cFrom Far East to US West Coast and US East Coast, it is a textbook market development with falling spot rates coinciding with a slight uptick in offered capacity.<\/p>\n

\u201cIt is a different story from Far East to North Europe where offered capacity has decreased week-on-week but spot rates continue to fall. This suggests an even weaker market on this trade.<\/p>\n

\u201c2026 is expected to be a year defined by overcapacity in container shipping, compounded by a largescale return of services to the Red Sea. Rising tensions between US and Iran could influence this situation, especially if it threatens Houthi militia resuming attacks on merchant ships in the Red Sea.<\/p>\n

\u201cEven if there is not a full escalation in conflict between US and Iran, the military posturing and rhetoric from political leaders can influence the security situation in the region and see carriers slow down plans to resume Red Sea transits. If so, this would delay a largescale return of container shipping to the Red Sea and ease the overcapacity headache for carriers deeper into 2026.\u201d<\/p>\n

Data highlights<\/strong><\/p>\n

Market average spot rates \u2013 19 February 2026<\/strong><\/p>\n

Far East to US West Coast: USD 1,889 per FEU (40ft container)<\/p>\n

Far East to US East Coast: USD 2,688 per FEU<\/p>\n

Far East to North Europe: USD 2,251 per FEU<\/p>\n

Far East to Mediterranean: USD 3,363 per FEU<\/p>\n

North Europe to US East Coast: USD 1,492 per FEU<\/p>\n

WRU 20 Feb 26 spot\"WRU<\/p>\n

Offered capacity (4-week rolling average) \u2013 w\/c 16 February 2026<\/strong><\/p>\n

Far East to US West Coast: +2.7% from a week ago<\/p>\n

Far East to US East Coast: +2.2% from a week ago<\/p>\n

Far East to North Europe: -3.4% from a week ago<\/p>\n

Far East to Mediterranean: +0.9% from a week ago<\/p>\n

North Europe to US East Coast: -9.6% from a week ago<\/p>\n

WRU 20 Feb 26 capacity
\"WRU
Source: Xeneta<\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Latest Xeneta ocean container shipping<\/span> data highlights are provided below … defined by overcapacity in container shipping<\/span>, compounded by a largescale return … a largescale return of container shipping<\/span> to the Red Sea and …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-99242","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/99242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=99242"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/99242\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=99242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=99242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=99242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}