News

Your location:Home > News > Hong Kong ports have also suffered, and congestion has made shippers bear high freight costs

Hong Kong ports have also suffered, and congestion has made shippers bear high freight costs

Time:2021-07-27 Publisher:Kevin Num:3624

freight forwarder 1.png


At present, most ports in the world are facing congestion, which affects the transport capacity and makes the sea freight rising.

 

However, with the recovery of international trade driving international freight, the rising demand has also exacerbated the rise of freight rates. Shippers have to choose to book space at a high price in order to transport the goods away as soon as possible.

 

Hong Kong's ports are now facing the same problem. According to relevant media reports, the transportation delay of Hong Kong's ports has brought a great influence to local production enterprises, and some carriers even choose to jump from the port.

 

Like other ports, the current congestion and shortage of containers make the goods piled up in the port, which brings a lot of storage costs to the shipper.

 

According to the data of Hong Kong shipping center, the throughput of Hong Kong port last month was 1.4 million TEU, a year-on-year decrease of 2.9%. The total throughput in the first half of this year was 8.5 million TEU, a year-on-year increase of 1.5%.

 

According to the relevant personnel of an industrial union, according to the current situation, the shipper has to pay about 15000 US dollars for freight, and it takes about two months to ship the goods to Europe.

 

This is only a standard 40 foot container. If your goods need a specific container, the freight will be higher. Take dangerous goods as an example, the freight is as high as $20000, and the waiting time is longer.

 

Moreover, at present, the demand for cargo transportation has increased sharply, and many freight forwarders are also very busy. They may not be able to fully take into account the goods of all shippers. 


They will choose. Some freight forwarders can't handle high-risk goods such as dangerous goods, and even if they handle them, they are unwilling to take this risk.

 

Many shippers have expressed their willingness to pay high freight, but now there is a shortage of container resources, so they can only wait. Shipping companies also selectively avoid goods with special needs and only do the business of ordinary cabinets. After all, the business of ordinary cabinets is very good.

 

Shippers also said that if the goods cannot be transported out and stored in the factory, it will bring huge costs and occupy their capital flow.


freight forwarding industry 1.png

 

However, there was a bigger blow. Herbert announced that it would impose a value-added surcharge. This undoubtedly does not give the shipper a chance to survive.

 

This move has attracted the condemnation of the shipper, because the surcharge is higher than that of the previous two years.

 

Since the cost of air transportation is higher than that of sea transportation, the shipper will not choose air transportation to replace sea transportation. However, it does not rule out that some shippers choose to pay high air freight in order to transport the goods as soon as possible.


Read More: GLA Family Network

2019 the 7th GLA Panel Discussion Wonderful Review


Prev:Membership Renewal From Malaysia——TNS SHIPPING SDN BHDNext:New Golden Member From India——K. SHIPPING SOLUTIONS PVT. LTD.