[New Year's Day price rise tide attack! A number of shipping companies greatly increased the price!]
Release date:[2024/12/19] A total of reading[10]time

New Year's Day price rise tide attack! With the factory to catch up with the shipment of the New Year, the United States East terminal strike threat has not been solve, continue to urge the container sea freight volume, MSC Mediterranean shipping, COsco shipping, Yangming and other shipping companies, have taken advantage of the situation issued the United States line on January 1 next year price notice.


According to freight forwarders, including MSC West Line rose to $6,150 per 40 feet container, East line rose to $7,150; Cosco Shipping rose to US $6,100 per 40-foot container on the West line and US $7,100 on the East line; Yangming and other shipping companies to the United States Federal Maritime Commission (FMC) reported on January 1 to raise the comprehensive rate surcharge (GRI), the United States West, the United States East line per 40 feet container are called about 2,000 US dollars.


European line ship loading rate is high, this week a number of shipping companies to push up the price to buy cabin fees of about 200 US dollars. Freight forwarders said that the shipping companies have said that they will rise from January 1, but they are not in a hurry to make a statement, because the three major shipping alliances have intensified competition since February next year, and the shipping companies have begun to grab goods and grab customers; High freight rates continue to attract overtime ship investment, fierce market competition, easy to loosen freight rates, the current European line per 40 feet container freight is still about 5,000 to 5,300 US dollars, there are shipping companies to provide preferential prices of about 4,600 to 4,800 US dollars.


HMM has also previously announced that it will impose peak season surcharges on all departures to the United States, Canada and Mexico. Starting January 2, 2025, a peak season surcharge of up to $2,500 will apply to all departures to the United States, Canada and Mexico.


MSC and CMA also announced a new Panama Canal surcharge on the Asia-U.S. East Coast route effective January 1, 2025, in response to the Canal Authority's implementation of a new reservation system to "optimize transit operations."


Reflected in the second half of December, the United States line freight rose from more than 2,000 US dollars to more than 4,000 US dollars, an increase of about 2,000 US dollars, in contrast to the European line is flat or slightly down. It is understood that MSC, Maersk, Hapag-Lloyd and other three major European shipping companies consider alliance restructuring next year, in the European line home is launching a battle for market share.


In addition, it is reported that more and more overtime vessels have been put into the European line to compete for high freight rates, and 3,000TEU small overtime vessels have appeared to compete in the market to absorb the goods piled up in Singapore, mainly from factories in Southeast Asia, to ship early in response to the Lunar New Year festival.


In addition, according to the latest data released by the Shanghai HNA Exchange on December 13, the Shanghai export container Freight Index (SCFI) has risen for three consecutive weeks. The SCFI index rose 127.94 points to 2,384.40 last week, a weekly gain of 5.67%. Among them, the United States freight rate increased significantly, the United States West line increased by more than 21%, and the United States East line increased by more than 11%.


The actual rise does not rise, increase, or return to market supply and demand, and once the United States East terminal strikes, it is bound to affect the post-holiday freight rate. Another number of shipping companies plan to expand capacity in early January to grab high freight rates, such as the deployment of capacity from Asia to northern Europe increased by 11% per month, and alliance restructuring intensified competition, which may bring pressure on freight rates.

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