Demand For Shipping Space From China Has Increased

Following on from our previous blog post regarding congestion at UK ports and Felixstowe in particular, we are now seeing an increase in demand from China for shipping line space.

Container Shipping Capacity In 2020

Throughout 2020 there have been cuts to container shipping capacity worldwide and from China in particular as shipping lines match supply to demand. Although demand has increased recently, it is neither easy nor straightforward for shipping lines to add additional ships,

Air Freight containers

What is going to happen to sea freight rates in 2018?

Freight rates in the container shipping industry have declined over recent years as the world economy stagnated and the industry became clogged with over-capacity. Typically rates have decreased by 40% in real terms over a four year period on major world trade lanes.

Over Capacity Freight Shipping

One of the big causes of over capacity has been the increase in the size of ships, with all major carriers ordering ships in the 18000 – 22000 TEU unit size (TEU = twenty foot equivalent unit).

Import Goods From India