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Shipping during COVID-19: Why container freight rates have surged

When the Ever Given megaship blocked traffic in the Suez Canal for almost a week in March, it triggered a new surge in container spot freight rates, which had finally started to settle from the all-time highs reached during the COVID-19 pandemic. Shipping rates are a major component of trade costs, so the new hike ...

The post Shipping during COVID-19: Why container freight rates have surged first appeared on Hellenic Shipping News Worldwide.

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When the Ever Given megaship blocked traffic in the Suez Canal for almost a week in March, it triggered a new surge in container spot freight rates, which had finally started to settle from the all-time highs reached during the COVID-19 pandemic. Shipping rates are a major component of trade costs, so the new hike ...

The post Shipping during COVID-19: Why container freight rates have surged first appeared on Hellenic Shipping News Worldwide. [post_title] => Shipping during COVID-19: Why container freight rates have surged [post_excerpt] => When the Ever Given megaship blocked traffic in the Suez Canal for almost a week in March, it triggered a new surge in container spot freight rates, which had finally started to settle from the all-time highs reached during the COVID-19 pandemic. Shipp... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => shipping-during-covid-19-why-container-freight-rates-have-surged [to_ping] => [pinged] => [post_modified] => 2021-04-23 21:00:58 [post_modified_gmt] => 2021-04-23 21:00:58 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=865326 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )