Recently, the freight rate in the Red Sea region of the Middle East has risen
- Author:Owen
- Release Date:2019-06-19
According to the news of Sunny Worldwide Logistics, recentlyIn the Middle East, there have been many attacks on merchant ships in the past month and more, which undoubtedly pushed up international crude oil prices and sea freight and insurance premiums. Last week, two oil tankers raided in the Gulf of Oman in the Strait of Hormuz, and the insurance premium for ships was even higher overnight!
After May, the liner company implemented a large-scale suspension. Taking the Dubai Port in the Middle East as an example, three voyages have been suspended in the past few weeks, the capacity has been greatly reduced, the supply and demand of the routes has improved significantly, the cabins are tight, and the market booking price has rebounded sharply.
The Red Sea route liner company implemented temporary suspension measures for multiple voyages to control the scale of capacity, and the route loading rate increased significantly, and the market freight rate increased. The rise and fall of shipping costs is affected by too many factors, and the change is large. If customers have goods to go out, they can choose the right time to ship, save costs and ensure cargo safety.
Sunny Worldwide Logistics has been engaged in the international logistics industry for more than 16 years, focusing on international shipping, air transportation and express delivery services. If necessary, you can contact us to arrange shipment.