Based on the latest data from Drewry, a slight decline has been observed in container rates on the route from Asia to Europe. Historically, rates tend to show a stabilisation or slight decline after the peak period around the holiday season, as demand for freight transport temporarily decreases.

It is important to note that container rates are subject to various factors, including seasonal demand, geopolitical developments and capacity adjustments by shipping lines. For the most up-to-date information and forecasts on rates in January 2025, it is recommended to consult Drewry's weekly reports.

It is common for shipping companies to adjust their capacity around Chinese New Year by cancelling sailings, due to reduced production and export activities during this period. Companies importing goods from China and Hong Kong often try to send their shipments before this festive period, leading to increased pressure on available shipping space and early full bookings.