THE OCEAN FREIGHT RATES ARE REDUCING

1. Space is getting tight on Southeast Asia lane. The O/F rates remains the same as those in last week.
2. Plenty of space on Middle East and ISC lane. The O/F rates are reducing.
3. Plenty of space on Europe and Mediterranean lane. The O/F rates are reducing.
4. Australia and Africa lanes are very stable. The O/F rates remain the same as those in last week.
5. Some of the carriers on North America lane are lack of space such as MSC. But the rates keep stable.
6. Plenty of space on Middle South America. The rates will go down a little bit.