A few days ago, Orient Overseas OOCL issued a notice saying that the freight rate of goods exported from mainland China to Southeast Asia (Thailand, Vietnam, Singapore, Malaysia, Indonesia) will be increased on the original basis: from December 15th to Southeast Asia, 20-foot common container $100 up, $200 up for 40ft regular/high box. The effective time is calculated from the date of shipment. The specific notice is as follows:

In the second half of this year, under the shadow of the global economic recession and weak demand, the global shipping capacity market went down, the demand for containers dropped sharply, and the freight rates of major routes plummeted. Ocean carriers have been executing aggressive capacity management strategies, announcing more air flights and suspensions of services to balance supply and demand and maintain freight rates. 

According to the latest data released by the Shanghai Shipping Exchange, the SCFI index fell for the 24th consecutive week, and the freight rates of major routes still fell in an all-round way. Although the decline has narrowed, the freight rates in the US East and Southeast Asia still fell sharply. The latest NCFI freight index released by Ningbo Shipping Exchange also continued to decline. Among them, the Thailand-Vietnam route market fluctuated greatly. Due to the weak transportation demand, liner companies have strengthened their cargo collection by reducing prices as the main means, and the spot market booking price has fallen sharply. , down 24.3% from last week. The freight indices of six ports in the ASEAN region all fell. Including Singapore, Klang (Malaysia), Ho Chi Minh (Vietnam), Bangkok (Thailand), Laem Chabang (Thailand), and Manila (Philippines), all freight rates fell. Only two ports in South Asia, Navashiwa (India) and Pipawawa (India), saw their freight indices increase.