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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