Affected by the Suez Canal incident, the current shipping schedule is seriously delayed. It is conservatively estimated that the average delay is 21 days.
Shipping companies have increased their empty schedules; Maersk’s positions have been reduced by more than 30%, and short-term contract bookings have been stopped. There is generally a severe shortage of containers in the market, and many shipping companies have announced that they will shorten the free container period at the port of departure. The backlog of goods will become increasingly serious.
Due to the pressure of transportation capacity and container conditions, international oil prices are rising, and ocean freight is expected to continue to rise. The long-term contract price will double in the next year and with many additional conditions. There is room for a substantial increase in short-term freight rates in the market, and low-price positions are sharply reduced. The contract quotation of the price/special price is breached at any time. Premium services have once again entered the category of shippers' consideration. It is recommended to book four weeks in advance.
