From September 6 to 12, nearly 4 million new confirmed cases of NCCP were reported globally, the first significant drop in new cases per week in more than two months. As the global epidemic situation improves, the global shipping market, which is already short of capacity, will be under further pressure under the dual effect of surging consumer demand in key overseas markets and stockpiling by retailers before the peak Christmas consumption season.
Fresh and other goods with short shelf life are facing more threats.
Due to the concentration of ships to the port, the slow pickup leads to an increase in the number of containers in the port, port operations overload phenomenon is also very common, these also directly increase the cost of goods storage, and may lead to some perishable or short shelf life of goods face more threats.
In the context of China’s exports as a whole continue to improve, coinciding with the arrival of the traditional Christmas shipping season in Europe and the United States, as well as Europe and the United States and other key overseas markets in advance of stockpiling, export demand for boxes will also rise further, coupled with the short-term capacity tension is difficult to ease, there is great uncertainty in shipping security, the upside risk of freight prices is still very large. Although a shipping company recently announced “freeze spot freight”, but considering the current shipping prices, container prices are still located at a high level, logistics costs are expected to continue to erode the profits of relevant export enterprises, affecting business operations and development.
Recently, congestion in many ports has increased, and the risk of global shipping continues to rise. Since the second half of 2021, with the rising demand for shipping, global shipping is facing a lack of capacity, freight prices rose sharply, etc. Challenges, especially the phenomenon of insufficient empty containers and declining turnover rate, resulting in a significant increase in transportation costs. Recently In addition, due to the overall improvement of the epidemic situation brought about by the rise in demand, port congestion, cargo delivery delays, and high freight rates continue to the risk of global maritime transport is high.