Christmas is approaching, but supply chain bottlenecks caused by congested ports and a shortage of drivers persist.
Deutsche Bank analysis shows the average container price for Maersk and HapagLloyd, two of the world’s largest shipping lines, could rise by 30% in 2022.
Because of the port congestion, WANHAI previously said it was diverting ships from its six Asia-U.S. -West routes to its intra-Asia routes.
ZIM has joined With WANHAI to reroute vessels on the Asian-US West Coast route and suspend its expedited service to Los Angeles for at least seven weeks.
In addition, Southeast Asia freight also appeared to rise substantially, a container difficult to seek has begun to appear in some Southeast Asian ports.
From some Southeast Asian shipping company’s latest price notice, Shekou port to Bangkok, Thailand, Laem Chabang port, sea freight increase the price of 350-700 dollars. Soaring transportation costs have plagued importers and exporters for more than a year.
The United Nations Conference on Trade and Development (UNCTAD), in its recently released Maritime Transport Review 2021. Until maritime supply chain disruptions, port restrictions and terminal inefficiencies are resolved, global consumer prices are set to rise sharply over the next year.
If current container-freight rates continue for a long time, the global price of imported goods could increase by 11% and the consumer price index by 1.5% by 2023.