# The pace picks up again on ocean freight rates as geo-political tensions escalate | ship.energy

> Ocean freight rates picked up again on March 1, 2022 as geopolitical tensions escalated over Ukraine. The report describes firmer shipping rate movement amid the conflict.

- Date: 2022-03-01 · published 2022-03-01T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/12931-the-pace-picks-up-again-on-ocean-freight-rates-as-geo-political-tensions
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising ocean freight adds to the delivered cost of imported feed commodities and tends to lift landed prices for buyers relying on seaborne supply.

## Read by commodity

- OCEANFRT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| OCEANFRT | 2022-03-01 | 1 | +17.9% | 2.4 | Ocean freight rates firmed on March 1 as the Ukraine conflict escalated, matching the timing and direction of the move. |

## Sources

- ship.energy: https://ship.energy/bunkerspot/the-pace-picks-up-again-on-ocean-freight-rates-as-geo-political-tensions-escalate/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.