Container Prices Surge In Europe As Carriers Favor : vimarsa

Maritime Activity Reports, Inc.
© Gudellaphoto / Adobe Stock
For European exporters looking to source shipping containers, existing shortages could deteriorate significantly in the coming weeks, according to the latest data from Container xChange, an online platform for the leasing and trading of shipping containers.
Most pricing and availability indicators now suggest carriers are continuing to favor shipping empties back to Asia as fast as possible to maximize yields on front-haul services rather than wait for less lucrative backhaul loads.
The upshot for shippers is rapidly rising prices in Europe for containers even though CAx availability readings point to higher availability of boxes in European hubs – Container xChange figures do not track empty moves.

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