Share Rice inventories are at risk of expanding if exports are pressured by high ocean freight rates. Heng Chivoan Cambodia’s export-import challenged by staggering ocean freight rates Thu, 28 January 2021 Global surge in container shipping rates are pressing shippers who have had to absorb 25 to 30 per cent of costs at a time when every penny matters ‘Crazy world,” Song Saran, president of Cambodia Rice Federation (CRF), exclaimed in the company of industry players on the sharp uptick of ocean freight rates. The rates, which have been rising since the second half of 2020, are now five to 10 times more than a year ago, resulting in a 30 to 35 per cent additional cost on import-export trade in Cambodia.