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Shipping rates are skyrocketing again! At these ports, the freight rate increases tenfold

Shipping rates are skyrocketing again! At these ports, the freight rate increases tenfold

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Since this year, China's foreign trade imports and exports maintain growth, but the continuous high temperature of shipping prices, to foreign trade enterprises brought no small pressure, not long ago from a historical high down, but with the recovery of production and consumption in Southeast Asia, now heating up again.
 
 
 
 
 
 
 
Rising demand has sent shipping rates soaring in Southeast Asia
 
 
 
 
 
 
 
Chen Yang, a freight forwarder in Ningbo, Zhejiang Province, is booking shipping space in Southeast Asia. The sudden increase of shipping rates in Southeast Asia has made him very worried. As far as he knows, the shipping space in Southeast Asia is very hot and tense now, and the freight price has also risen relatively a lot. Recently, the high boxes are running to three or four thousand dollars, and Thailand is about 3400 dollars.
 
 
 
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Chen Yang, general manager of an international logistics co., LTD in Ningbo, Zhejiang Province, said: The freight rates in Vietnam and Thailand, including some ports in Indonesia and Malaysia, have generally risen to more than $3,000. Before the epidemic, the freight rate was only $200 to $300. During the epidemic, it reached more than $1,000. The highest price was more than $2,000 around the Spring Festival of 2021, and the current price should be the highest since the epidemic.
 
 
 
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According to the Ningbo Shipping Exchange, the Thai-Vietnam freight index rose 72.2 percent month-on-month in November, while the Singapore-Malaysia freight index rose 9.8 percent month-on-month in the latest week. Industry experts say the resumption of work in Southeast Asia has increased demand and increased freight rates more than expected. Southeast Asia's skyrocketing freight prices at the same time, just before the fever of China and the United States recently appeared a small rebound. The Shanghai Export container freight index, which reflects spot freight rates, stood at 4,727.06 on Dec. 3, up 125.09 from a week earlier.
 
 
 
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Yan Hai, chief analyst of Shenwan Hongyuan Transportation Co., LTD. : It may take about two weeks to make a final assessment of the final impact of an Omicron variant virus, whether it is on overseas terminals or a potential blockade caused by the new outbreak.
 
 
 
 
 
 
 
Shortage of boxes to alleviate "one box is hard to find" to "one cabin is hard to find"
 
 
 
 
 
 
 
Previously, container turnover, slow backflow and "hard to get a case" were one of the reasons for high sea freight rates. How has the situation changed and what are the new problems?
 
 
 
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At the container terminal of Yantian Port in Shenzhen, container ships are berthing at almost every berth, and the whole terminal is running at full capacity. Reporters found that in yantian port logistics on the small program, October also occasionally empty box shortage tips, into November has no.
 
 
 
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Song Daning, chief of the first Ship Management Department of Dapeng Customs, Shenzhen Customs, said that 450,000 TEUs of empty containers had been imported in October. We also took a series of monitoring measures for the supervision of empty containers to control the demand for empty containers in an overall situation.
 
 
 
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China's metal container output grew 1.7 times year-on-year in the first eight months of this year, according to the National Bureau of Statistics. Reporters understand in the market, although the lack of box problem temporary solution, but the lack of cabin problem is still serious, not only "together box" "gather together box" has become normal, even in the container edge corners of the space, enterprises have also hit the idea.
 
 
 
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Yang Deshi, general manager of an international freight forwarder Co., LTD., Yiwu, Zhejiang province, said: Direct shipping service covers Thailand, Malaysia and the Philippines. The main products are daily necessities and handicrafts.
 
 
 
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Xie Xiaolan, deputy general manager of an international freight forwarding company in Guangzhou, Guangdong Province, said: "Because the whole car has a space, you can put things inside the car. It has some spare space after putting the cars in containers, and now companies are wondering if they can save shipping costs by lumping together other small parcels of goods with cars and exporting them in a single box.
 
 
 
 
 
 
 
Charter ships to solve the supply chain urgent
 
 
 
 
 
 
 
The shipping market continues to run a high fever, in order to ship, foreign trade enterprises rack their brains. Small cargo owners LCL, cl, big cargo owners, agents have thought of the "charter" approach to solve supply chain problems.
 
 
 
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When the reporter arrived at ningbo Daxie Xinye Wharf, the large loading crane was refit the deck of "Iceland", a large cargo ship, and at the same time, a batch of cargo first strapped in the bottom. It is a multi-purpose ship that requires some modifications to its hull before loading compared to a traditional container ship.
 
 
 
 
 
 
 
Xu Wei, manager of a shipping company in Ningbo, Zhejiang Province, told reporters that in order to catch up with the holiday market in western countries, they chose to "charter" the ship carrying 1,400 teUs, which is expected to reach the UK before the New Year. Although the cost of "charter ship" is higher than that of the traditional shipping mode, under the current environment of "logistics supply chain" blockage, foreign trade enterprises need efficiency and space to relieve the backflow of funds and storage pressure caused by the backlog of goods.
 
 
 
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"Iceland" is not a unique case, the reporter learned in many customs, this year there are a lot of cargo owners and freight forwarders, choose such "charter" way, smooth maritime "supply chain", in order to solve the urgent needs of logistics.
 
 
 
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Jiang Haidong, deputy director of Dachan Bay Customs under Shenzhen Customs: Since this year, the number of chartered ships going out to sea at Dachan Bay port has shown a rapid growth, totaling 73 trips, involving 58,000 TEUS of containers. Export enterprises reflect that chartered ships are very effective in solving the shortage of international transport capacity.