lost heavily! Damaged or lost more than 1,900 containers
It is reported that a large container ship "ONE APUS" owned by ONE encountered severe weather near Hawaii in the North Pacific on its way from China to the United States. According to ONE’s latest report, more than 1,900 containers were lost or damaged by the container ship "ONE Apus" that encountered wind and waves, including about 40 dangerous goods containers. This may become the largest single loss of containers since the MOL Comfort container ship broke down and sank in 2013, causing damage to 4,293 containers.
Australia over 60 freighters stranded at sea
According to the latest report of The Guardian, with the escalating trade friction between Australia and China, although China has increased its coal import quota by about 20 million tons, Australian coal is likely to be excluded. At the same time, the customs will shorten the customs clearance time for Indonesian and Russian coal based on the status of each port. It is reported that Chinese importers were notified in October this year to stop buying Australian coal. Up to now, there are more than 60 large cargo ships full of Australian coal stranded in the waters of China, ranging from 4 to 24 weeks.
Europe rose 170%, the Mediterranean rose 203%! General increase in freight rates across all routes
Affected by the epidemic, more and more countries have been "closed" for the second time, and the ports of many countries have become full of containers. Lack of containers, exploded cabins, dumped containers, jumping into ports, and frantically rising freight rates, foreign traders are under unprecedented pressure. The latest data shows that European freight rates have increased by 170% year-on-year, and Mediterranean freight rates have increased by 203% year-on-year. In addition, as the epidemic in the United States becomes more serious and air transportation routes are blocked, shipping prices will continue to rise. With strong shipping demand and a large shortage of containers, shippers are facing soaring container freight and surcharges, but this is just the beginning, and the market may become more chaotic in the next month.
