Freight charges range lower
Freight charges for a 20' Full Container Load range well below USD 4,000 again. Market players, however, reckon that the recent blockage of the Suez Canal may prompt a backlash and a temporary rise in prices. The canal had to close for nearly a week after the cargo ship Ever Given ran aground delaying around 400 vessels. Estimates state that around USD 9 billion in trade were held up every day during the six-day blockage. Now, ports in Europe are busy unloading containers, which are expected to become sparse.
Area sown det