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.
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