Container rates from Asia to the US fell in early February 2026 due to weak demand and more blank sailings.

Asia-US container rates dipped slightly in early February 2026 due to weak demand and increased blank sailings, with West Coast rates falling to around $1,900 per FEU amid a 6.9% rise in offered capacity. The Shanghai Containerized Freight Index dropped for the sixth straight week, reflecting a post-Lunar New Year slowdown. Dry bulk rates, particularly Capesize, rebounded late in the week, driven by strong transpacific and Atlantic demand. Clean tanker rates declined overall, with VLCC activity stagnating amid tightening sanctions on Russian oil. Meanwhile, ammonia-powered shipping technology advanced, and Safe Bulkers sold a 2012-built vessel for $35.2 million.