Yantian Port Affected By Covid-19, Sea Freight Skyrocketing Forecast

The Port of Yantian Congested, the Shortage of Containers Aggravated

Because of Covid-19 in Guangdong province in China since May 21st, Yantian Port, the core port of Guangdong province, the operation efficiency of the port was slower. Port congested, and the containers shortage appeared with a variety of problems immediately, at present, Maersk company has suspended all ships operating in the western regions of Yantian Port, recovery time prior notice.

Hua Joo Tan, an analyst at Linerlytica, said it would take another week or two to resolve the congestion problem.

As the largest single container terminal in the world, Yantian Port has been affected by the Covid-19. The time it takes for empty containers to return to the port or return to Asia has increased from 7 to 10 days, at the beginning of last year, to 28 days now. The turnaround time has increased several times, and the problem of container shortage has worsened.

Sea Freights of All Lines Will Soar Further

Now, with the exception of the U.S. and Canada lines, all international lines are likely to continue to grow from the original basis. MSC Shipping has now said it will increase freights to Canada and the United States by between $2,400 and $4,000 starting July 1st. According to the analysis of these data, we believe that the trend of price rise has become an indisputable fact.

Therefore, for customers who have some orders in June-July, it is better to choose June for delivery. If the customers would purchase later than June, we suggest making decisions earlier to save freight costs.

Foodchem: We Have The Ability of Quality Booking and Reliable Booking Guarantee

Foodchem has a perfect logistics management system for 15 years, and can manage to start the booking process 3 weeks in advance for each order. Due to our cooperation with freight forwarders all year-round, these partners will stabilize the freight for us, reserve the positions, and greatly avoid the problems such as a shortage of containers.

Not only this, in order to better serve our customers, but also Foodchem provides free logistics consulting, no matter you encounter any questions about logistics, we will be dedicated to providing answers for customers.