A new round of price increases is coming

2024-06-24155
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A new round of price increases is coming! Up to $9,800! More shipping companies these routes in July price notice came... Recently, the Houthi armed forces continue to upgrade the attack and improve the accuracy, the attack continues, resulting in the ship fire damage crew injured missing, and so on June 18, the Houthi sank a cargo ship! On June 22, it also claimed to have attacked the US aircraft carrier "Eisenhower" in the Red Sea and "successfully achieved the objective". The situation in the Red Sea continues to be chaotic... In recent months, affected by a series of events such as the ongoing situation in the Red Sea, "grab exports" and price increases by shipowners, shipping prices have continued to rise, and the latest data on June 21, Shanghai export container Freight Index (SCFI) continued to rise 2.9% to 3475.60 points from the previous period.

Freight rates rose in most ocean route markets, but the increase slowed, and the composite index continued to rise. At present, shipping prices for exports change from day to day. Due to the shortage of space and containers, the space booked by freight forwarders from shipping companies is often cancelled; Foreign trade enterprises may face a backlog of goods, unable to deliver on time, increasing the risk of default, and even the profit of the goods itself is not high, and the freight may also lose money.


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