Shipping container costs from Asia are expected to reach $10,000 in the next month, double the current rates, due to various factors such as Red Sea attacks, tariff concerns, and port congestion. Global freight rates are surging amid high demand on major routes.
Prices for container transportation from China have doubled and are still rising Cargo transportation from China by all types of transport has risen sharply in price. This was caused by the conflict in the Red Sea, as well as an increase in imports to Europe and Russia without… https://t.co/9hNzrO7rus
🌎 Ships Diverted From Red Sea Send Ripple Effects Across the Globe – Bloomberg https://t.co/1A8HVOJVKX https://t.co/6fFCf9asLJ
Ships Diverted From Red Sea Send Ripple Effects Across The Globe https://t.co/K5DZwGbVaW
Ships diverted from the Red Sea send ripple effects across the globe https://t.co/JcYTtJ1sXE via @b_muzz https://t.co/77la7miTSd
A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, sending them on longer journeys that drive up their carbon dioxide emissions. https://t.co/EQDE1MgWQd
Red Sea Diversions, Tariff Risks Send Ocean Shipping Soaring https://t.co/51ENaRKlpd
Red Sea diversions, tariff risks send ocean shipping soaring https://t.co/h72nvPgRVo
Analysis: Peak rates #logistics #shipping #freight https://t.co/GkaA1O4xwu
Ocean freight container shipping market set to surpass Red Sea crisis peak and hit levels not seen since Covid-19 pandemic #logistics #shipping #freight https://t.co/2d21eLqBhq
Ocean rates skyrocket, reflecting cautionary market #logistics #shipping #freight https://t.co/3PErHO2ETx
"The rerouting of ships around Africa due to the Red Sea crisis has also increased fuel consumption. "The lack of long-term regulations for cleaner fuels discourages ship owners from switching fuels." https://t.co/6eDSHEQuo5 #energy #EnergyTransition #ClimateActionNow… https://t.co/RjPw5zA8mT
🚢 Each year, about 6,000 ships pass through the Suez Canal to deliver $7 trillion worth of goods and produce climate-warming CO2 emissions along the way. A surge of attacks on ships traveling through the Red Sea is forcing shippers to reroute vessels https://t.co/f2sMookZql https://t.co/0TdKefyr46
Red Sea Chaos: Freight Rates Soar As Port Congestions Worsen! 1️⃣Megamax #ships form half of the container fleet 2️⃣ #RedSea attacks continue 3️⃣ Port #congestion in Asia 4️⃣ Higher consumption in #China & US 5️⃣ #Tanker demand also rises https://t.co/ffIEP6oQ8D
🚢 A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, sending them on longer journeys that drive up their carbon dioxide emissions https://t.co/f2sMookZql https://t.co/RiGFGXTDoD
Another week, another material increase in freight rates. We are doubling every other month on a trend basis... This feels increasingly reminiscent of 2021, folks. More -> https://t.co/DpQZTTy65N https://t.co/WY9rqJiE6n
Red Sea Chaos: Freight Rates Soar As Port Congestions Worsen! The impact of #RedSea diversions on global #shipping and the spike in #freight rates due to #Houthi attacks. https://t.co/ffIEP6oij5
Futures are pricing in a significant rise in the container freight rate ahead to levels not that far off of the supply chain disruption period of '21. Certainly not a good sign for traded goods inflation ahead. h/t @AndreasSteno https://t.co/qtjIz9Hxxa
Rates are rising across key shipping routes. https://t.co/9ypUMpnVei
Some Shipping Container Costs Hit $10,000 #logistics #shipping #freight https://t.co/Fr7c8SjVEg
$ZIM CEO last week: "Today, tensions in the Red Sea have not eased and continue to disrupt global trade. ...As we look forward, we expect freight rates to remain higher for longer than originally anticipated...there does not seem to be a solution in sight. Moreover, in recent… https://t.co/aMjTNinYWi
Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates, according to prices circulating between carriers and importers. https://t.co/RXY7FA0Ylg via @economics @b_muzz
Haven’t heard much about the Red Sea disruptions lately but ocean freight rates continue to rise: https://t.co/tYqGDKEb69
Global #container #freight rates continue to surge higher amid strong demand on the major China to US and Europe routes. The Drewry composite index trades at an 18-mth high at 4226.5 per 40 ft box, a 55% jump during the past four weeks. https://t.co/g6055e7YHI
Supply Shock: Shipping Container Costs Top $10,000 Amid Red Sea Turmoil Thinning Global Capacity https://t.co/G0xn1dTSC0
Container rates for shipping goods from Asia may jump to as much $10,000 over the next month, carriers say. Attacks in the Red Sea, a rush to beat tariffs on China and concern about port congestion and labor strikes are putting pressure on capacity https://t.co/7FniHd48QU
The $10,000 Shipping Container Looms in Latest Trade Strains https://t.co/kxpKFIaLrV
Companies transporting goods from Asia face costs of as much $10k for an urgent full-size shipping container over the next month — about double current spot rates, according to prices circulating btwn carriers & importers https://t.co/tqLqENTQB1 via @economics @b_muzz @AnsteyEco
Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates, according to prices circulating between carriers and importers https://t.co/4WIGyGWQ0L