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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.

Photo: Tomas Kristiansen

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.

Bjørn Vang Jensen has now worked for just over a year as a consultant and part of the management at Sea-Intelligence, which launched a business leg targeting shippers at a time when rates had started to skyrocket and chaos accelerated on the world market. The former head of logistics at Electrolux has therefore had plenty to do, working alongside Jochen Gutschmidt, who has also previously been head of logistics, but at Netslé.

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