{"id":6140,"date":"2022-03-15T16:05:38","date_gmt":"2022-03-15T15:05:38","guid":{"rendered":"https:\/\/shipex.be\/post-6130\/"},"modified":"2022-03-15T16:06:05","modified_gmt":"2022-03-15T15:06:05","slug":"post-6130","status":"publish","type":"post","link":"https:\/\/shipex.be\/en\/post-6130\/","title":{"rendered":"MARKET UPDATE ON CONTAINER SHIPPING &#038; TRANSPORT COSTS"},"content":{"rendered":"\r\n<h2>MARKET UPDATE ON CONTAINER SHIPPING &amp; TRANSPORT COSTS<\/h2>\r\n<p><img loading=\"lazy\" decoding=\"async\" title=\"bernd-dittrich-eCc7FjMoR74-unsplash\" src=\"https:\/\/shipex.be\/wp-content\/uploads\/2022\/03\/bernd-dittrich-eCc7FjMoR74-unsplash-1024x683.jpg\" alt=\"bernd-dittrich-eCc7FjMoR74-unsplash\" width=\"1024\" height=\"683\" \/><\/p>\r\n<p>&nbsp;<\/p>\r\n<p>March 15, 2022<\/p>\r\n<p>Dear customer,<\/p>\r\n<p>At this moment we see no improvements with regard to the operational reality in container shipping.<br \/>We see persistent congestion at many seaports (see earlier newsletters), a backlog due to several events (covid-19 pandemic, bad weather in Northern Europe, a cyber-attack on a terminal operator, screening by customs&#8217; authorities of containers destined for Russia), many last minute changes of sailing schedules, shortages of empty (reefer) equipment with several shipping lines, \u2026. . The monthly reports of Sea-Intelligence illustrate the deteriorating market situation. In the latest update on January 2022, global schedule reliability drops to a record-low of 30,9% (lowest ever).<br \/>On top of this, there&#8217;s the impact of the war in Ukraine. Oil prices have climbed to new records and push transport costs much higher. <strong>Thus a strong upward pressure on all transport costs :<\/strong><br \/>\u2022 Inland haulage<br \/>In the last days all trucking companies communicated revised fuel surcharges with immediate effect, and a few even limit the price validity to maximum one or two weeks given the lack of visibility on long term fuel prices.<br \/>\u2022 Seafreight<br \/>There&#8217;s a high probability that shipping lines will implement so called &#8217;emergency bunker surcharges&#8217; and overrule the existing rate contracts, referring to the exceptional situation due to the war. <strong>Conclusion<\/strong><br \/>\u2022 Therefore we advise to communicate with end-customers about this difficult market situation in logistics. Our Shipex team is always available to assist you on this.<br \/>\u2022 Secondly, we strongly recommend to refrain from long term pricing (for end-customers) taking into account the soaring transport costs and lack of visibility for the next months.<br \/>Please note that we have to apply an &#8217;emergency fuel surcharge&#8217; of 40 EUR per container for loadings as from 21 March 2022 on haulage rates in Northern Europe. We will closely monitor the situation with the trucking companies, and will adjust accordingly.<br \/>\u2022 From an operational point of view, please take into account that your logistic team and customer service will be confronted with a lot of last minute modifications, changes to sailing schedules and rollovers of containers to next vessels by the shipping lines.<br \/>The Shipex team<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>MARKET UPDATE ON CONTAINER SHIPPING &amp; TRANSPORT COSTS &nbsp; March 15, 2022 Dear customer, At this moment we see no improvements with regard to the operational reality in container shipping.We see persistent congestion at many seaports (see earlier newsletters), a backlog due to several events (covid-19 pandemic, bad weather in Northern Europe, a cyber-attack on [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5],"tags":[],"class_list":["post-6140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MARKET UPDATE ON CONTAINER SHIPPING &amp; 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