DHL Ocean Freight Market Update – November 2023

Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.

Moderate demand increase following Chinese Golden Week October holidays.
Massive blank sailing program implemented following Golden Week, resulting in space constraints on several Asia outbound lanes.
European Union’s Emission Trading System (ETS) will come into effect from 1 January 2024, cost implications in the region of USD9 to 10 billion.

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