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In the past years, every FEB/MARCH is the slack season for container shipping from China export business , the ocean freight is also very
soft at this period , while this year,the storage changed.
A CAPACITY shortage is looming over cargo shipments due to the outbreak of the coronavirus that triggered the cancellation of a stack of
fronthaul containership sailings from China to the US and Europe. As forewarned, this is causing a capacity crunch for cargo heading
in the opposite direction. And, as a result, rates are predictably starting to soar.
According to media calculates that a total of 77 containership sailings have been blanked due to the coronavirus, including 48 transpacific and 29 Asia-Europe sailings.
The market rate changes every week , we also update to our customer every week
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ALEX@OL-LOG.COM