International ocean freight has risen sharply: the container shipping index
(Europe) front-month futures are up more than 50% since late April. Major
carriers Maersk and CMA CGM have issued multiple rate notices and several routes
report acute space tightness. Market participants point to Middle East
geopolitical disruptions raising shipping costs, greater supply-chain
segmentation and de-risking driving restocking, and concentrated overseas
pre-shipment ahead of the US/EU H2 consumption peak as key drivers. The
resulting volume surge has rapidly tightened capacity, but industry sources say
freight-price direction for H2 remains unclear.