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Shipping prices surged more than 60%

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on :2017-01-13
"Freight rates will continue to rise, especially before the Chinese New Year will increase the volume of cargo," well-known shipping advisory body Drewry (Drewry) said in the report. Compared with August last year, the major routes in Asia and Europe and the Atlantic freight rates have risen over Liu Cheng.

Transport capacity collapse, shipyard collapse, shipping company bankruptcy ... ... 2016 world shipping industry before the face of China's coal and steel industry is very similar to the situation. The world shipping industry is not at the national level to promote the administrative capacity to go, but in the market-oriented adjustment mechanism, the spontaneous adjustment.

Data show that: Asia-Europe container routes of the main route is a record 20-month high, the average growth rate has reached the highest in five years. Since the Hanjin Sea in August last year for bankruptcy, the Asia-Europe, the Atlantic and some of the Pacific routes the average tariff, has risen by 62%.

The Baltic Dry Index, although somewhat down, is still well above last year's average. As of the end of December 2016, the Baltic dry bulk freight index for 961 and Hanjin maritime bankruptcy compared to August, or more than 50%.