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Is Shanghai's "retaliatory" shipment coming? Shanghai export freight rates rise for 4 consecutive weeks

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Since the full resumption of work and production in June, the volume of goods at the Shanghai port has continued to rebound. Data show that since June 1, the cargo volume of Shanghai's sea and air ports has basically recovered to more than 90% of the normal level. In terms of shipping, since June, the daily container throughput of Shanghai Port has exceeded 119,000 TEUs. "In the past, ships were waiting for goods, but now they are waiting for ships." Some people from import and export enterprises commented. There are also industry insiders who judge that the "retaliatory shipping tide" has come. However, there are also relevant persons from import and export enterprises, shipping companies and container road transport enterprises, who told the reporter of China Shipping Gazette that they did not notice an increase in the volume of goods, and the market situation needs further observation. It is worth noting that the freight rate in the container shipping market ...

Made a record! More than 40 container ships waiting for berths outside Los Angeles and Long Beach

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 On the 26th local time, the number of ships berthing at the two largest container ports in the United States waiting to open berths set a new record. More than 40 ships are now lined up at anchorages that are further and further away from Los Angeles and Long Beach terminals. The abnormal congestion of the two main west coast ports in the United States is much more serious than the port suspension in 2002 and 2004. When the Port of Los Angeles and Long Beach were blocked for 10 days and 8 days respectively in 2002 and 2004, the line of ships never exceeded 30, but the port blockade caused serious economic chaos. The situation today is much more serious. 41 container ships are waiting for berths at or near the San Pedro anchorage, which has never been such a busy peak season in the 65-year history of the container shipping industry. According to data from the Port of Los Angeles in August, 90% of ships sail directly to the anchorage to join the anchoring queue, with an average anch...