Crazy! Sea freight is about to hit a new high! Starting from August, we will charge an extra 5000 US dollars per box, is US$20,000 per box enough?

July 20, 2021

Latest company news about Crazy! Sea freight is about to hit a new high! Starting from August, we will charge an extra 5000 US dollars per box, is US$20,000 per box enough?

Since March, the congestion situation in the US West Port has not improved.

For example, from January to May 2021, Los Angeles and Long Beach have an average of 53.9 container ships per day, including container ships at anchor and at anchor, which is 3.6 times the level before the epidemic. The Port of Oakland, as an alternative to the Port of Los Angeles and the Port of Long Beach, has also begun to show congestion.

Recently, Hapag-Lloyd announced that due to the continuous extraordinary demand from China and the resulting supply chain operation challenges, Hapag-Lloyd will implement a value-added surcharge (VAD) for all cargo transportation in accordance with the regular FAK guidelines.

This surcharge will not affect any medium-term or long-term contracts, and is intended to replace some other temporary surcharges, such as SGF (delivery guarantee fee).

The VAD surcharge will take effect on August 15, 2021, and will be paid by collection at destinations in the United States and Canada. The amount is as follows:

  • China to North America (U.S. and Canada)
  • All 20' container types USD 4000
  • USD 5000 for all 40' container types

 

latest company news about Crazy! Sea freight is about to hit a new high! Starting from August, we will charge an extra 5000 US dollars per box, is US$20,000 per box enough?  0

The US port Maersk warned in a customer consultation report on May 26 that Los Angeles and Long Beach “have an average of one to two weeks waiting for ships and are still very tense” and “the situation at the Port of Oakland is even worse, where the waiting time is even worse. The time has now been extended to about three weeks." The latest data from the Port of Los Angeles shows that after setting a record high of more than 1 million TEUs in a single month, Los Angeles will also exceed 170,000 TEUs in a single week for imported freighters next week, an increase of 29.10% from the previous week and compared with last year. Over the same period, it has soared by 78.09%. As the port congestion intensifies, the waiting time for container ships is also increasing. The latest waiting container ships have reached 18, and the average waiting time has reached 5.3 days!

 

The Port of Vancouver, Canada's largest port in Canada and the fourth largest port in North America, was destroyed by wildfires in Lytton Village due to part of the foreign railroad, which delayed the import and export of containers. Western Canada was hit by an unprecedented heat wave. The temperature approaching 50°C caused a fire. Up to 90% of the buildings in Litton Village were burned, and the tracks of the two railway companies and a bridge were damaged, forcing the transportation of goods to change routes to pass. Cause congestion in the port. Both Hapag-Lloyd and Maersk have announced to customers that ships passing through the Port of Vancouver will be delayed. Maersk said that the impact of the fire on the port will continue for at least a week. The current terminal blockage is increasing and the vessel's voyage will be delayed. With the already tight global shipping supply chain, rail disruptions have put the Port of Vancouver under pressure from a surge in container volumes.

In the current shipping market, the freight is not the highest, only higher, so hurry up to ship...