The price increased by nearly 10 times! How crazy is container booking?

Because of the severe epidemic situation in many overseas countries, the shortage of labor, and the accumulation of containers in ports; the major ports in Asia are busy with traffic, but the domestic market is often plagued by "shortage of containers" and "less containers". Container prices have soared, and some shipping routes have increased by nearly 10 times. The container is difficult to book

For a period of time, in many domestic ports, there are always waiting crowds around the container registry. Unlike the domestic “hard to find one box”, foreign ports have a serious backlog of empty containers. The data shows that between 10,000 and 15,000 containers are stranded in California, USA. In the Port of Felixstowe, Britain, containers have spread from the port to the surrounding suburbs. The number of empty containers in Australia's ports exceeds 50,000. At present, the stock of empty containers in some important international ports is three times the normal level.

With the recovery of the global economy, the trade demand of various countries has greatly increased. Due to the effective control of the epidemic in China, the Chinese manufacturing industry bears important responsibilities in the global industrial chain. Statistics show that the total value of China's trade goods imports and exports in the first four months of this year has increased by 28.5% over the same period in 2020, and has increased by 21.8% over the same period in 2019. A large amount of goods are still flowing continuously from China to overseas

Although 2 months have passed since the blockage of the Suez Canal, the aftermath of its subsequent impact has not yet been seen. Coupled with the superimposed effect of the new crown epidemic, the resulting chaotic shipping schedule and port congestion are happening all over the world. There are sometimes more than 10 container ships waiting to enter the port at the anchorage outside the port of Auckland, New Zealand, with an average delay of 8 to 10 days.

Simon Heini, consultant of Drewry Shipping Consulting: This is undoubtedly a global supply chain crisis. We think it will continue until the fourth quarter, and may continue until the end of this year. The situation on the ship is also not optimistic. The new crown epidemic is always threatening the health of seafarers.

At present, 90% of the transportation volume of world trade is completed by sea transportation. Poor shipping will have a devastating impact on the global economic recovery. The current situation is very serious, and I hope that everyone will understand each other and tide over the difficulties together.