Swire Shipping’s June GRI: What Exporters Need to Know

Shipping costs are once again on the rise. Swire Shipping has declared a new General Rate Increase (GRI) set to take effect from June 23, 2025—marking another chapter in the turbulent story of maritime freight pricing. For stakeholders navigating the Asia-Pacific corridor, this hike comes with strategic implications.

Rising Costs Reshape Asia-Pacific Shipping

From surging bunker fuel prices to increased vessel chartering fees, the maritime logistics industry has been grappling with cost headwinds since late 2023. Carriers across the globe have periodically issued GRIs to offset financial strain, and Swire’s latest move reflects the same broader trend.

What’s Changing on June 23, 2025

Swire Shipping’s new GRI will go into effect with the sailing of the Highland Chief – Voyage 2515N. All cargo loaded on this voyage and other select trade corridors will be billed under revised freight tariffs.

As GRI season intensifies, stakeholders must monitor not only tariff advisories but also upstream indicators—charter markets, fuel indexes, and congestion trends—that could trigger further rate shifts in H2 2025.