Although trade with the Far East is booming, shipping line surcharges in Australia are “spiralling out of control” – and carriers blame port congestion.
Last week, Alphaliner highlighted a significant increase in cargo demand in Australia, coinciding with the country’s peak season.
“The rise is fuelled both by the Far East-Australia trade itself and by increased transhipment activity to and from other regions,” according to the analyst.
It said spot rates into Melbourne …
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Source: The Loadstar