Sea Cost to Southeast Asia skyrocket
The reason for the rising cost in Southeast Asia: TRX, CV6 reduced cabin so the volumn deduct 900. CU Line withdrew a ship, and the cabin was 500 less. The two ships, PIL and RCL, often do not come, with 300 fewer cabin. The total is 900+500+300=1700. The original position of the market was 5000, but it was reduced to 5000-1700=3300.
The port is blocked for 4 days. Originally a whole trip of 14 days became 18 days. The capacity is reduced by 22% and becomes 2574 teus per week. The market normal volume is 3500teus. The demand is 4000teus per week for peak season now. The gap is at 1400teus. Accounted for 36%. Because of the backlog of goods, this ratio will continue to rise.
As a result, the sea cost for whole line to Southeast Asia has risen, Singapore, Haiphong, Ho Chi Minh, Klang, Thailand etc.
DO NOT HESITATE TO SHIP OUT YOUR ORDER WHICH IS READY!
