The Global Shipping Price "Hurricane All the Way"

According to industry insiders, the increase in shipping costs is the result of a combination of multiple factors. In the past few years, the policy to stimulate consumption has led to an increase in demand, the port is saturated, and ships, dockers and freight drivers have not expanded in time. These problems pushing up shipping prices have gradually accumulated. The outbreak of the epidemic and the "Suez Canal stranded" accident in March made the already fragile supply chain even worse.

Recently, vaccination and expansion of domestic demand policies have promoted the recovery of the global economy, online consumption and cross-border e-commerce have rapidly developed, measures in some overseas regions have caused the interruption of container production and the increase in commodity prices. The large-scale hoarding behavior has also exacerbated the tension of international shipping, and shipping costs have risen accordingly.

In addition, the second counterattack of the epidemic in India also caused a major impact. Data show that about 15% of the world's seafarers are from India. The number of people infected with the epidemic in India has increased sharply recently, and some ports have imposed restrictions on crews and ships from India.