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June 9, 2022

Global port congestion improves, freight rates will remain high

Global port congestion improves, freight rates will remain high
High freight costs, congestion at terminals, earlier peak seasons and due to strict Covid-19 lockdown measures have had a major impact on the global timber supply chain in recent years.    This year, with the gradual recovery of domestic production in many places, will the severe situation in the shipping market improve?    Shanghai port congestion almost back to normal    Congestion at the port has almost returned to normal as Shanghai reopened after a two-month lockdown, according to data from VesselsValue. At present, the waiting time of ships ...

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