在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語(yǔ)Fran?ais
World
Home / World / China-Europe

Container shortage sparks shipping price surge

By JONATHAN POWELL in London | China Daily | Updated: 2021-01-23 09:45
Share
Share - WeChat
Containers and lorries are seen at the Yangshan Deep Water Port in Shanghai, China, Oct 19, 2020. [Photo/Agencies]

The cost of shipping goods between China and Europe has soared with pandemic lockdowns fueling an online shopping boom, and a shortage of empty transportation containers and port staff available is disrupting global trade.

Shipping container prices have hit record highs in the past eight weeks, the Financial Times reported, with costs from China to Europe having "more than quadrupled".

According to importers quoted in the paper, the cost of shipping a 40-foot (12-meter) container from Asia to northern Europe has increased "from about $2,000 in November to more than $9,000".

It quoted one freight forwarder as saying some businesses were now being charged as much as $12,000 per container.

Shippers told The Daily Telegraph that prices for a standard 20-foot container shipped from China to Europe have rocketed six-fold from $730 in May, "when the virus caused international trade to collapse", to $4,400.

When shipping companies canceled sailings in the summer due to the pandemic, "empty containers that would normally be returned to Asia began building up in different locations", the Telegraph noted.

John Butler, president of the World Shipping Council, told the Financial Times that congestion at ports is pushing up costs, with shipping lines charging extra "to compensate for longer waiting times".

Jonathan Roach, container market analyst at ship broker Braemar, told the Telegraph that there was huge demand from the West for deliveries from Asia.

"COVID restrictions with less people in ports mean that it's taking 20 percent longer to turn around ships at ports. There are bottlenecks with supply of containers as they haven't been returning to Asia," he said.

Lars Jensen, from consultancy Sea-Intelligence, told the Financial Times that the rates are being stoked by "customers fighting over a limited resource-containers".

China's economic recovery is also driving up prices for ships "carrying materials to feed the country's factories", the Telegraph noted, with deliveries of iron ore from Australia and South America being chartered "at rates of $20,000 per day, almost double the level of six months ago", according to Braemer's data.

Producers in Europe will not be able to absorb the increases in freight costs, according to the United Kingdom's Association of Manufacturers of Domestic Appliances.

It said in a statement that in "cases where the increase in cost of shipping is greater than the retained profit from the goods, ... these costs will have to be passed on to end users".

Companies in the UK are also coping with disruption caused by the end of the Brexit transition period on Jan 1, when the nation separated from the European Union's single market and customs union.

Dean Reynolds, the commercial director for Globelink Fallow, a British shipping services company, told The Guardian he had "never seen such expensive shipping rates", adding that prices would likely be passed on to UK consumers.

Roach said he expects container rates to normalize later in the year after COVID-19 vaccines have been rolled out globally.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲精品久久久久久久久 | 国产视频www | 国产欧美日韩一区二区三区 | 日韩手机看片 | 一区二区三区在线免费观看 | 国产福利在线播放 | 久久男人| 国产乱淫片视频 | 国产日韩在线播放 | 日本大尺度床戏揉捏胸 | 五月天婷婷视频 | 亚洲欧美一区二区三区在线 | 成人欧美一区二区三区黑人孕妇 | 亚洲美女在线视频 | 日韩欧美黄色 | 毛片tv | 国产精品一区二区性色av | 欧美第一页 | 日本久久精品视频 | 国产精品久久久久永久免费看 | 久久久免费看 | 成人一级黄色片 | 在线不卡av | 欧美精产国品一二三区 | 欧美亚洲一区 | 中文字幕不卡视频 | 日本午夜网站 | 国产草草影院 | 欧美综合在线观看 | 一本色道久久综合亚洲精品酒店 | 国产小视频在线播放 | 福利视频网站 | 久久天天躁狠狠躁夜夜躁2014 | 久久亚洲天堂 | 亚洲精品久久久久 | 国产丝袜一区 | 三级网站在线播放 | 亚洲免费婷婷 | 欧美在线视频免费 | 久久精品国产免费 | 精品视频在线播放 |