Container freight prices soared Asia to Northern Europe offer nearly 3 times a year

By the impact of the container shipping market shortage of containers, lack of ships and plugging the port and other factors, the global shipping line prices continue to soar. With the Shanghai export container SCFI comprehensive index within 1 year rose 1.9 times, the market rumors, some customers can not stand container shipping prices are too expensive, and decided to hold off on orders, at least until after the Chinese Lunar New Year, trans-Pacific freight rates have also hit the top signs.

Foreign media reported on Monday (4), the end of last year, SCFI Asia to Northern Europe spot shipping rates increased by nearly 3 times year-on-year, to 4,091 U.S. dollars per 20-foot standard container offer, together with Asia to the Mediterranean freight rates surged 266% to 4,286 U.S. dollars per 20-foot standard container offer.

Consignment industry sources said that in late January, Asia to Northern Europe route quotes have been asked for $ 16,000 per 40-foot container. This amazing offer has let the customer eat, so the transport industry said that customers have decided to suspend the fight for container ship space, to wait for the Lunar New Year before considering, because customers are not willing to bear the additional transport costs, coupled with the extension of the European closure measures bring uncertainty, customers worry that the current inventory is too high.

It is worth mentioning that the trans-Pacific container shipping rates, the last week of 2020 slightly back, but some shipping companies still announced that the basic rate of each 40-foot container this year will be raised by $ 1,000.