Xeneta Weekly Ocean Container Shipping Market: Rates Up 30% Over the Past Month

2 April 2026 1 min read Trade and Logistics

Xeneta analyst insight Peter Sand, Xeneta Chief Analyst: “Five weeks into the Strait of Hormuz closure and spot rates on every major East-West trade lane have risen sharply, showing this is a conflict with global repercussions for ocean supply chains. “From Far East to North…