Container WarsPart 2Prices for container shipments are growing in the short term, but the fact is that the general decline in prices on the market has been observed for the seventh week. And if there really was an increase in many directions this...
... week, then the cost of transportation is still getting cheaper in annual terms.For the same Shanghai-Rotterdam route, which has soared so much these days, the price is still falling by 3% year-on-year. The same trend is observed on other routes: in general, it is becoming even cheaper to transport goods around the world. Why is that?Oddly enough, the market is full of tonnage. There are too many ships, and the volume exceeds the demand of cargo owners. At the same time, seasonal growth is...
... expected in March due to the Chinese factories reaching full capacity, which also affects the increase in freight prices.And flight cancellations are often carried out to maintain freight rates. Paradoxically, the withdrawal of about 1.0% of the world's tonnage from use spurs the market to grow.Of course, this does not mean that the escalation has an exclusively positive effect on the situation with maritime trade, you can not deceive yourself here. The closure of the Strait of Hormuz is ...
...severely affecting transportation: numerous ports in the Persian Gulf are blocked.And the Americans have nothing to do with it, as it might seem against the background of rising rates across the Atlantic: shipowners win here, first of all.#Iran #USA@rybar_mena — about the Middle East chaos with loveSupport us