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[International Situation]：Shipping prices continue to soar! Major global routes remain high! Some foreign trade enterprises even invest in shipbuilding

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Shipping prices have been soaring for two years due to the imbalance between supply and demand caused by the global epidemic. Later, foreign export enterprise has resumed work one after another. However, waiting for the ship to come is still the severe situation faced by foreign trade enterprises. The container freight rate of the world's major shipping routes continues to remain high and the shipping space is tight. In order to cope with the high freight rate, some foreign trade enterprises even started to invest in shipbuilding themselves.

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According to the public data of Shanghai Airlines exchange, from Asia to the west coast of the United States, in January, the "accuracy rate of service to and from port" of the main global route was only 11%, which continued to maintain a low level. The "late arrival" of ships is directly related to the congestion of Marina Grande abroad under the epidemic. The person in charge of the largest local logistics enterprise in Ningbo told the reporter, from the second half of 2021 to the present,

the congestion in major U.S. ports shows no signs of easing.

Jia Jun, head of a logistics company in Ningbo, Zhejiang province: dock workers on the west coast of the United States are now unable to work normally due to the epidemic, which has seriously affected the efficiency of the dock. Such a long period of dock congestion has never happened before.

With the frequent "missed" shipping schedule, there are also high freight rates. At present, the Freight Index of Ningbo Export containers has risen by more than 74% compared with the same period last year, which is more than 4 times that of the same period in 2020.

Qian hanglu, analyst of Ningbo Shipping Exchange: at present, the freight rate of the 40-foot box on the European route is about 14000 US dollars, and in the same period of 2021, this level is about 8600 US dollars; at present, there is a general situation of price increase in the market for US East and US West routes with relatively large freight volume.

The supply chain is not smooth and the contradiction between supply and demand is aggravated. People in the industry judge that, from the perspective of shipping demand and capacity supply, it is estimated that the freight rate for the whole year of 2022 is still at a high level.

The container freight rate of the world's major shipping routes continues to remain high and the shipping space is tight. In order to cope with the high freight rate, some foreign trade enterprises even started to invest in shipbuilding themselves.

Just after the new year, in a shipyard in Weihai, Shandong, workers began to race against time to build a cargo ship that could hold 1800 standard containers. The person in charge of a foreign trade enterprise in Ningbo, Zhejiang province said that there were early plans for shipbuilding to go to sea.

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Xiang LeHong, head of a cross-border e-commerce enterprise in Ningbo, Zhejiang province, said that after the ship was launched in the first quarter of next year, the company initially planned to find a professional shipping company for management, relying on the customers accumulated by the company in overseas warehouses of cross-border e-commerce in recent years, there is no worry about the supply of goods.

Zhang LeHong, head of a cross-border e-commerce enterprise in Ningbo, Zhejiang province: after the ship was launched in 2023, it helped to increase the turnover rate of products faster, reducing stocks of the time, reduce the occupation of funds, and also helped many foreign trade enterprises, they (SMEs) can also be fast enough.

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However, facing the current situation, most enterprises still choose to sign long-term agreement contracts with shipping companies. From the perspective of shipping companies, long-term agreement contracts can ensure stable supply of goods. Enterprises for overseas trade, relatively fixed freight rates can avoid market risks when the shipping market fluctuates greatly.

Zeng Jianping, senior vice president of a foreign trade enterprise in Ningbo, Zhejiang province: in the fourth quarter (last year), We plus-sized the price and quantity of the entire shipping space with various shipping companies this year or even next year, ensure that the overall shipping price and shipping space of this year can be guaranteed and stable in price.

Those who sign long-term agreement contracts are usually large cargo owners enterprises with relatively fixed goods and large volume of goods, and it is difficult for small and medium-sized foreign trade enterprises to get long-term agreements. Moreover, some logistics enterprises holding the supply of goods are also difficult to sign more favorable long-term agreement contracts this year. The reason is that major shipping companies predict that the ship will stay in port for a longer time in 2022, restricted fleet available.

Jia Jun, head of a logistics enterprise in Ningbo, Zhejiang province: the price of a large cabinet in the United States is between $10,000 and $15000, and the lowest freight rate in 2022 will be more than $. Moreover, the price of the contract rises, and the number of contracts is seriously shrinking, some of which are reduced by 20% and some by 50% (space).

Source: shipping network, network, etc.

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