![](https://i.imgur.com/CLvY2jA.png")
18-02-2022, 08:48 AM
Thursday, February 17th, 2022
SEA freight rates have increased up to 800% in some routes — a 100% increase than in October last year (700%) — due to reduced available capacity on shipping lines and container shortage, based on recent feedback received by the Malaysian National Shippers’ Council (MNSC).
......
the skyrocketing sea freight rates coupled with the increasing commodity prices and labour shortages in both the manufacturing and logistics services sectors as a result of the pandemic has caused prices of imported business inputs and export costs to soar.
......
In addition to the increase of sea freight rates, he said shippers are also forced to bear other logistics costs such as the warehousing, forwarding, haulage and landside charges which have increased in parallel to the freight rates.
https://themalaysianreserve.com/2022/02/...-capacity/
SEA freight rates have increased up to 800% in some routes — a 100% increase than in October last year (700%) — due to reduced available capacity on shipping lines and container shortage, based on recent feedback received by the Malaysian National Shippers’ Council (MNSC).
......
the skyrocketing sea freight rates coupled with the increasing commodity prices and labour shortages in both the manufacturing and logistics services sectors as a result of the pandemic has caused prices of imported business inputs and export costs to soar.
......
In addition to the increase of sea freight rates, he said shippers are also forced to bear other logistics costs such as the warehousing, forwarding, haulage and landside charges which have increased in parallel to the freight rates.
https://themalaysianreserve.com/2022/02/...-capacity/
