Sea freight rates continue to soar. And containers are lack of stock. These are very prominent.
We have witnessed the high price of 4000 USD in South America and 5000 USD in East America, and now we have witnessed the sky-high price of 2300 USD in Southeast Asia! In West Africa, it ups to 4000…
Price Increase Notice:
Rate Restoration for the southeast of Asia Trade
In view of the increasing cost pressures in the captioned trade lanes and the lack of equipment issue, it is hereby to advise that the Rate Restoration will be applied on top of your current rates based on the on-board-date of 6-Nov-2020. Details are as following:
Quantum:
All South East Asia Ports +USD500/1000/1000 (20GP/40GP-40HQ)
Exports from Shenzhen and Effective from 6-Nov-2020 on board date
