Project Description

What is current #shipping market situation? 🏹–Derek Song Aug 30th 2021
* All shipping routes are increasing freight even Southeast Asia, Japan, Korea..Now vessel delays a lot than before;

*Indian shiping routes, end of Aug , early Sep vessels increase $1000 each 20GP, $2000 each 40HQ;

*North American routes remain super busy, will last half year of 2022, and keep increasing;

*European routes are basically stable now, but the vessels and spaces are very limited, need to book in advance, especially 20GP overweighted containers;

*Middle East rather stable now, $5000-$6000 each 20ft, $7000-$9000 each 40HQ, but 20GP overweighted containers can only arrange in MSC every Tuesday vessel..

*South Africa, West Afica, continue no vessels.. The freight has been doubled..

*MSK will not release any space except west Africa..
*Centra & Latin America has increasing recently a lot..

In coming 3-4 months, all shipping routes will not reduce freight dramasticlly, in bigger chances will still increase the freight.. Any new plans, better prepare in advance..

Are your business affected by shipping this year? 😀