Global Ocean Freight Outlook 2022

Ocean freight rates that have risen across the globe softened, but are expected to remain elevated post-pandemic due to structural factors.

These include:

  1. Heightened inflation and all-time low consumer confidence

  2. Imbalanced global trade flows removing container capacity from network circulation

  3. Geopolitical uncertainties bringing increased risks to the sector 

  4. Growing operational costs from energy and sustainability regulations.

The first factor exerts negative pressure on ocean rates, while the other three create upward pressure.

This report outlines these influences and considers what F&A companies can do to remain resilient and profitable amid challenging circumstances.