The ocean freight industry as a whole is making significant strides towards sustainability and reducing its carbon footprint. One notable initiative within the industry is the launch of a Fund for Energies, which provides support to start-ups and businesses engaged in decarbonization projects or developing renewable energy solutions.

The transport market for road freight in Europe is expected to cool down due to geopolitical uncertainty and record-breaking inflation. And Eastern European markets show better performance than Western European countries.

We are almost at the end of the year 2022. A year in which we saw a very unpredictable market with a lot of ups and downs. It was the end of the pandemic and the start of high inflation. We saw all-time high and low records and now it is finally coming back to normal. Now in the middle of December, it is time to see what we can expect in 2023.

The last months have been very challenging with all time high ocean rates and blank sailings around Golden Week. It really wasn’t easy. Luckily there were some significant improvements the last few weeks. The container rates are slowly coming back to normal, blank sailings are stabilizing after the Golden Week in China, and the schedule reliability is improving as well.