A little off the top – S&P Global Platts container update, February 2021 — Panjiva
MENU

A little off the top – S&P Global Platts container update, February 2021

Corp - Forwarders 344 Corp - Shipping 994 Energy - Bunker Fuel 90 Global 1390 Mode - Containerized 1492 Mode - Seaborne 1821 Theme - Rates 237

The container shipping industry continues to face elevated demand and port congestion which appear to offer little respite from elevated shipping rates. The challenges have moved on from being focused on Transpacific routes with shipments to the U.S. from India, for example, having faced a doubling in rates since September. There’s reportedly only been a minor pull-back in manufacturing in China during the lunar new year with congestion in U.S. ports being elevated for long enough that liners have rescheduled their services. Rates nonetheless held steady with Asia-to-U.S. west coast rate...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.