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    After The Collapse Of The Non Line, American Line And European Line, The Southeast Asia Shipping Company Charged A High Container Surcharge Of 1000 Yuan

    2020/11/4 19:02:00 0

    Foreign Trade

    ? ? ? Affected by the new crown epidemic, the economies of various countries are overburdened, and cross-border trade is in a slow situation. In the first half of 2020, the global economy is depressed, and the shipping demand falls sharply. In the second half of 2020, the economy turns better. However, due to the impact of the epidemic, many countries are closed down and many ports are carrying empty containers. The transportation capacity is tense, the containers are in short supply, and the warehouses are constantly bursting, and the freight is also rising ”"Foreign trade" has become a hot word!

    Before this, the largest increase in freight rates was caused by African routes (100%), American routes (60%), and European routes (50%). However, Southeast Asian routes, which had remained stable before, finally ushered in the largest increase.

    In addition, with regard to the large-scale shortage of containers in China, Herbert has a new solution. It will charge the shipowner 175 US dollars per container.
    The decline in international logistics capacity has led to a sharp rise in container ship freight. The freight rate of the US west route has increased nearly three times compared with that at the beginning of the year, and that of the South American route has also skyrocketed! Under the background of frequent container shortage, the shortage of container industry has occurred! Textainer and Triton of the world's top three container equipment leasing companies both said container shortages would continue in the coming months.
    According to the Shanghai export container freight index, affected by the epidemic situation, the export container transport market remained high this week. Near the beginning of the month, the freight rates of most ocean routes have increased, and the composite index has risen.

    European routes, the European epidemic situation rebounded sharply, the overall market volume was stable, freight rates rose.
    Mediterranean route, similar to Europe, has slightly increased freight rates.
    North American routes, the market is operating at a high level. In order to alleviate the shortage of transportation capacity, there are overtime ships, most of which are full loaded. The air freight rate was basically flat.
    For the Persian Gulf route, the overall supply and demand situation was stable, and the freight rate increased by 2.2%.
    The Australia New Zealand route is in the peak season before Christmas, and the relationship between supply and demand is good, and the price of spot booking has increased by 10.4%.
    South American routes, transport demand at a high level, freight rates fell again, spot booking prices rose 3.4%.
    Recently, Wanhai shipping company also issued a notice:

    From November 6, 2020, Shenzhen Export to Southeast Asia, all port prices rise! +USD500/1000/1000。



    There is a shortage of container ships. For example, after booking, there is a space to load the goods, but there is no cabinet to load. Almost every shipping company is short of cabinets now. Some cargo export enterprises can book the shipping space of shipping company, but the supply of containers is in short supply.
    In this regard, the shipping company has started a new round of "money grabbing operations" to levy high container surcharges on cargo owners.

    On the current situation of container shortage, Herbert has announced that it will charge a surcharge of US $175 per container for 40 foot high containers from November 15, which is applicable to China (including Macao and Hong Kong) to the northern European and Mediterranean markets.

    Foreign trade people, freight forwarding friends, must always pay attention to the dynamic issues, adjust the shipment plan at any time!

    Source: cross border frontier, Mike's foreign trade theory

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