Shippers should expect high container rates all the way into 2024
Bjørn Vang Jensen is quite busy in his new position as consultant with Sea-Intelligence. His current advice to customers is to expect high prices on container freight all the way into 2024. Find out why in this interview with ShippingWatch.
Two years ago, it cost approximately USD 1,700 to ship a container from Asia to the US west coast or to northern Europe. Today, the long-term contract price is close to USD 6,000, and this level won't be getting lower for many months, likely years, to come. At least not according to someone who knows a lot about the container industry and the rates customers have to pay - and carriers can charge.
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