Baltic Exchange: Container Market in International Shipping News 02/02/2026 2026 is looking to be an interesting year for the container shipping market. With a massive orderbook, limited scrapping and Red Sea transits looking to resume, tonne miles will surely drop and overcapacity of tonnage will become an issue. This will cause liner companies to struggle to find ways of maintaining freight rates, resulting in them blanking services or scrapping older vessels. FBX01 (China/East Asia – USA West Coast) has declined over the week to $2,131, down $545 on last Friday and down $486 against the start of January. FBX03 (China/East Asia – USA East Coast) dropped $115 over the week but is up $56 comparing to the start of the year, ending the week at $3,813. FBX11 (China/East Asia – North Europe) came off $59 over the week, ending the week at $2,743, down $257 from the start of the month. FBX13 (China/East Asia – Mediterranean) came off by $155 since last Friday and $610 from the start of the month, ending the week at $4,234. Source: Baltic Exchange 2026-02-02 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share