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Asia Pacific Containers Ports and Logistics

China’s owners and port groups urge efforts to temper sky-high box rates

China Shipowners’ Association and China Ports and Harbours Association call on carriers and ports to make more efforts to reduce shipping costs. These include adding vessel capacity and accelerating empty container circulation

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Move comes as the traditional Chinese New Year slack season has failed to drag down the rocketing shipping costs, with Sea-Intelligence predicting the record-high prices could last until 2022

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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