DHL Ocean Freight Market Update – March 2023
Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
- Capacity back in the spotlight with expected delivery wave of megamax newbuildings from 14 March 2023.
- Demand recovery still slow after the Lunar New Year break, putting pressure on the capacity/demand balance.
- Rates remain flat, as is schedule reliability with only a marginal 0.1 percent improvement from December's 56.6 percent.