According to the World Container index from Drewry, prices have increased by 3.3 per cent to US$6,463.78 per 40-foot container – a record since the index began in 2011. Photo: Reuters
According to the World Container index from Drewry, prices have increased by 3.3 per cent to US$6,463.78 per 40-foot container – a record since the index began in 2011. Photo: Reuters
China trade

Coronavirus controls pushing China’s southern container ports to limit, sending freight rates soaring

  • Ports in Shenzhen and Guangzhou, including Yantian, Shekou and Nansha, plan to keep disinfection and quarantine measures in place until at least next week
  • Danish shipping giant Maersk said on Tuesday that increased congestion and delays upwards of 15 days are expected at Yantian port