Over the past year, freight costs have gone up significantly. While bulk costs have risen too (more so for smaller ships), the increase is much sharper for containers, where spot prices have risen five to ten times on certain important routes; there is a shortage of container-ships as well as containers while ship-building orders are surging.
What’s all the fuss about container rates?
What’s all the fuss about container rates?
What’s all the fuss about container rates?
Over the past year, freight costs have gone up significantly. While bulk costs have risen too (more so for smaller ships), the increase is much sharper for containers, where spot prices have risen five to ten times on certain important routes; there is a shortage of container-ships as well as containers while ship-building orders are surging.