NOTE: quotes and insight from Xeneta Chief Analyst Peter Sand follow the data highlights below.
Data highlights
o Market average spot rates – 27 November 2025:
• Far East to US West Coast: USD 1958 per FEU (40ft container)
• Far East to US East Coast: USD 2667 per FEU
• Far East to North Europe: USD 2335 per FEU
• Far East to Mediterranean: USD 2941 per FEU
• North Europe to US East Coast: USD 1585 per FEU
o Offered capacity (4 week rolling average) – w/c 24 November 2025:
• Far East to US West Coast: -2.5% from a week ago
• Far East to US East Coast: +1.3% from a week ago
• Far East to North Europe: +3.1% from a week ago
• Far East to Mediterranean: +1.4% from a week ago
• North Europe to US East Coast: -1.7% from a week ago
Xeneta - weekly market update chart 27.11.25
• The development of ‘offered capacity’ was divergent across the main haul trade lanes. Ranging from -2.5% from Far East to US West Coast to +3.1% from Far East to North Europe.
• The past week has seen sliding spot rates across fronthaul trades out of the Far East (Transatlantic is a trade going against the downward trend – see further down).
• Taking a slightly longer month-on-month view, the biggest decreases in average spot rates are on Far East to US trades. Down 12.7% into US East Coast and 9.1% into US West Coast, while capacity increased 11.9% and 11.4% respectively.
• The spread in average spot rates between the two main US coasts seems to have stabilized at USD 710 in the past week - suggesting market trends are impacting the trades in similar fashion.
• Average spot rates from Far East to Europe are moving in a different direction to US trades – up 26.1% and 18.3% month-on-month into Mediterranean and North Europe respectively. Offered capacity has a slight uptick (0.4%) into North Europe compared to a month ago and 4.9% into the Mediterranean. (....)