Beijing time:2021-08-07 02:34
[Beijing time on August 6, 2021]Recently, due to the widespread spread of Delta, a variant of the Chinese Communist pneumonia (COVID-19) virus, the once slowed epidemic has re-emerged on a large scale in many countries. Affected by this, the global container turnover rate has further slowed down. Coupled with the upcoming peak shopping season in the United States, retailer orders have increased, and container shipping rates from China to the United States have risen sharply, reaching a new high of more than US$20,000 per 40-foot container.
A report by Voice of America on the 6th disclosed the above situation. The report said that the epidemic and the typhoons near the southern coast of China in late July and this week are important reasons for the crisis.
The report quoted Philip Damas, managing director of the maritime consulting company Drewry, who pointed out that the above factors have made the global container shipping industry a “highly chaotic and under-supply seller’s market” in which shipping companies can Charge 4 to 10 times the normal price for shipping. He said: “We have not seen this in the shipping industry for more than 30 years.”
Freight tracking company Freightos disclosed to the Voice of America that on the route from China to the East Coast of the United States, the price of a box of spot goods has risen by more than 500% this week from a year ago, reaching US$20,804.
Ding Li, president of the China Ports Association, said in an interview with Reuters that the rebound of Chinese pneumonia cases in other countries has caused the turnaround time of some major foreign ports to be delayed by about 7 or 8 days. The report pointed out that the soaring container rate has led to an increase in the charter fees of container ships, which has forced shipping companies to give priority to providing services on the most profitable routes.
Tan Hua Joo, executive consultant of the research and consulting company Linerlytica, said frankly: “Ships can only profit in industries with higher freight rates. This is why the transportation capacity is mainly transferred to the United States.”
(Editor in charge: He Yating)
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