Since April, Vietnam, Malaysia, Singapore, the Philippines, Cambodia, Indonesia, etc. have relaxed their entry restrictions in order to restore tourism. With the improvement of consumption expectation, the demand for orders in Southeast Asian countries will rebound “in retaliation”, and the export transportation market in Southeast Asia will become hotter. At present, the freight rate of some boxes on the shipping route from North China to Ho Chi Minh has increased by more than 50%; Prices in South China-Philippines are also on the rise; The shipping space in Thailand is also very tight. The good news is that the original high sea freight rate of American Line has dropped significantly in the near future! The actual shipping price of container ships has dropped by about 20% on average since the Spring Festival. The freight rate from China to West America has dropped from about 12,000 USD to 8,000 USD now, exceeding 30%!
2. Global container ship orders reached the highest level in 15 years.Recently, according to the calculation of the Baltic International Shipping Association (BIMCO), the current orders for container ships have exceeded 6.5 million TEUs, which is the first time in 15 years to reach this level. In 18 months, the orders of container ships increased by 6 million TEUs.
Writer
by Eric Wang
Post time: May-12-2022
