Asia-US container rates rise, tanker rates ex-USG soften as Asia port congestion intensifies

AI Summary

Container shipping rates from East Asia and China to the US have increased amidst intensified port congestion in Asia, leading to decreased schedule reliability for global shipping. Conversely, liquid chemical tanker rates from the US Gulf have softened despite these logistical challenges.

Rates for shipping containers from east Asia and China to the US were mostly higher this week while rates for liquid chemical tankers ex-US Gulf were mostly softer, all while schedule reliability is decreasing because of congestion at Asia ports. PORT CONGESTION Global container vessel schedule reliability dropped to 56.4% in July 2026, a decline ...