Tianjin Xinyue Industrial and Trade Co., Ltd.
Tianjin Xinyue Industrial and Trade Co., Ltd.
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Why sea shipment market rising so sharp recently?

Dec. 29, 2020

In recent Months, China's shipping market has been suffering from a shortage of space and containers, causing to sharply increasing.


when the customer ask why the container can't be booked and why the shipment delayed, we can answer from the following aspects.


Firstly,China is suffering a great dearth of shipping containers due to a big imbalance in global trade, exacerbated by the Covid-19 pandemic, which has led to containers full of goods leaving China and then not returning.


the COVID-19 pandemic's impact on production in countries around the world and the nearing of Christmas, a peak season for export of Chinese products to Europe and the United States, were part of the reasons for the shortage of containers.

Why sea shipment market rising so sharp recently?

The Ministry of Commerce will continue to work with relevant parties to provide more containers to the market, speed up container turnaround times and help container manufacturers increase productivity. During the special period, Xinyue Steel Group will always keep enterprise vision”Build the world, serve the globe”and play good role in Country‘s’exporting.


Written by May


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