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<\/span><\/div><\/div><\/div>Consignments from China: delays and changes to tariffs<\/strong><\/h1>\n<\/div><\/div><\/div><\/div><\/div>The unprecedented increase in exports from China is making it difficult to obtain empty containers,
\n<\/em>with a subsequent increase in prices and longer shipping times. \u00a0<\/em><\/h4>\n<\/div><\/div><\/div><\/div><\/div>For containerised liner shipping<\/strong>, the supply chain for procuring goods<\/strong> is undergoing increasingly significant changes<\/strong>. In fact, in the last year, we have seen:<\/p>\n\n- Increasingly frequent delays<\/strong> in shipping (it is estimated that only 50% of ships were on time in the last year), due to the limited capacity for handling goods in Europe and the US.<\/li>\n
- Increases and constant variations in the cost of shipping and goods<\/strong>, due also in part to the ability of carriers to modify tariffs as necessary.<\/li>\n
- Lack of hold space<\/strong> and difficulty in getting empty containers to where they are needed<\/strong>, due to significant alterations in traffic patterns.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div>
This situation is mainly due to the Covid-19 global pandemic<\/strong>.<\/p>\nIn fact, in early 2020<\/strong>, China moved rapidly from an emergency crisis situation, with extraordinarily low load factors, to the inability to meet an ever-growing demand<\/strong>, especially for shipping, due to the reduction in flights.<\/p>\nIn fact, only in November 2020<\/strong> was there a growth in exports of 21%<\/strong> compared to the previous year, due mainly to the intermittent pattern of stoppages and resumptions in company production as the result of various national lockdowns.<\/p>\n<\/div><\/div><\/div><\/div><\/div>This situation has in turn provoked a problematic shortage of containers<\/strong> and an imbalance for China between incoming and outgoing containers<\/strong> (according to the latest data, the ratio of incoming containers for imports and outgoing for exports is 1:3).<\/p>\n<\/div><\/div><\/div><\/div><\/div>Moreover, according to a joint letter from the European Freight Forwarders\u2019 Association and the European Shippers\u2019 Council<\/strong> to the European Commission\u2019s Directorate for Competition, carriers<\/strong> are profiting from the situation by refusing confirmed contract bookings with the sole aim of taking new bookings at considerably higher spot rates<\/strong>. The letter reads: \u201cCarriers are continuing to top their rates<\/strong> with surcharges, general rate increases, etc. Similarly, shippers and forwarders are being confronted with refused bookings and rolled cargo<\/strong> if carriers deem it more profitable to accept higher rated cargo for a particular sailing\u201d.<\/p>\n<\/div><\/div><\/div><\/div><\/div>It is difficult to predict when the situation will return to normal. All hope lies in vaccination programmes<\/strong>, which will hopefully allow more effective containment of the pandemic and consequently, as travel resumes, balance to be restored in the world of shipping.<\/p>\n<\/div><\/div><\/div><\/div><\/div>In the meantime, Necto Group<\/strong> requests your patience and understanding<\/strong>. We will continue to keep you informed<\/strong> of the situation.<\/p>\n<\/div><\/div><\/div><\/div><\/div>Sources: <\/em>shippingitaly.it<\/em><\/a>, <\/em>clecat.org<\/em><\/a>, <\/em>ilpost.it<\/em><\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":25351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3146,3145],"yoast_head":"\nConsignments from China: delays and changes to tariffs - NECTOGROUP | Join Innovation [EN]<\/title>\n<meta name=\"description\" content=\"The unprecedented increase in exports from China is making it difficult to obtain empty containers, with a subsequent increase in prices and longer shipping times.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shipments from china: why are they all late?\" \/>\n<meta property=\"og:description\" content=\"The unprecedented increase in exports from China is making it difficult to obtain empty containers, with a subsequent increase in prices and longer shipping times.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.nectogroup.com\/en\/news\/consignments-from-china\/\" \/>\n<meta property=\"og:site_name\" content=\"NECTOGROUP | Join Innovation [EN]\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-28T09:33:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-28T10:17:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.nectogroup.com\/en\/wp-content\/uploads\/2020\/12\/spedizioni-cina-copertina.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"spherica\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Shipments from china: why are they all late?\" \/>\n<meta name=\"twitter:description\" content=\"The unprecedented increase in exports from China is making it difficult to obtain empty containers, with a subsequent increase in prices and longer shipping times.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"spherica\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.nectogroup.com\/en\/news\/consignments-from-china\/\",\"url\":\"https:\/\/www.nectogroup.com\/en\/news\/consignments-from-china\/\",\"name\":\"Consignments from China: delays and changes to tariffs - 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The unprecedented increase in exports from China is making it difficult to obtain empty containers,
\n<\/em>with a subsequent increase in prices and longer shipping times. \u00a0<\/em><\/h4>\n<\/div><\/div><\/div><\/div><\/div>For containerised liner shipping<\/strong>, the supply chain for procuring goods<\/strong> is undergoing increasingly significant changes<\/strong>. In fact, in the last year, we have seen:<\/p>\n\n- Increasingly frequent delays<\/strong> in shipping (it is estimated that only 50% of ships were on time in the last year), due to the limited capacity for handling goods in Europe and the US.<\/li>\n
- Increases and constant variations in the cost of shipping and goods<\/strong>, due also in part to the ability of carriers to modify tariffs as necessary.<\/li>\n
- Lack of hold space<\/strong> and difficulty in getting empty containers to where they are needed<\/strong>, due to significant alterations in traffic patterns.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div>
This situation is mainly due to the Covid-19 global pandemic<\/strong>.<\/p>\nIn fact, in early 2020<\/strong>, China moved rapidly from an emergency crisis situation, with extraordinarily low load factors, to the inability to meet an ever-growing demand<\/strong>, especially for shipping, due to the reduction in flights.<\/p>\nIn fact, only in November 2020<\/strong> was there a growth in exports of 21%<\/strong> compared to the previous year, due mainly to the intermittent pattern of stoppages and resumptions in company production as the result of various national lockdowns.<\/p>\n<\/div><\/div><\/div><\/div><\/div>This situation has in turn provoked a problematic shortage of containers<\/strong> and an imbalance for China between incoming and outgoing containers<\/strong> (according to the latest data, the ratio of incoming containers for imports and outgoing for exports is 1:3).<\/p>\n<\/div><\/div><\/div><\/div><\/div>Moreover, according to a joint letter from the European Freight Forwarders\u2019 Association and the European Shippers\u2019 Council<\/strong> to the European Commission\u2019s Directorate for Competition, carriers<\/strong> are profiting from the situation by refusing confirmed contract bookings with the sole aim of taking new bookings at considerably higher spot rates<\/strong>. The letter reads: \u201cCarriers are continuing to top their rates<\/strong> with surcharges, general rate increases, etc. Similarly, shippers and forwarders are being confronted with refused bookings and rolled cargo<\/strong> if carriers deem it more profitable to accept higher rated cargo for a particular sailing\u201d.<\/p>\n<\/div><\/div><\/div><\/div><\/div>It is difficult to predict when the situation will return to normal. All hope lies in vaccination programmes<\/strong>, which will hopefully allow more effective containment of the pandemic and consequently, as travel resumes, balance to be restored in the world of shipping.<\/p>\n<\/div><\/div><\/div><\/div><\/div>In the meantime, Necto Group<\/strong> requests your patience and understanding<\/strong>. We will continue to keep you informed<\/strong> of the situation.<\/p>\n<\/div><\/div><\/div><\/div><\/div>Sources: <\/em>shippingitaly.it<\/em><\/a>, <\/em>clecat.org<\/em><\/a>, <\/em>ilpost.it<\/em><\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":25351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3146,3145],"yoast_head":"\nConsignments from China: delays and changes to tariffs - NECTOGROUP | Join Innovation [EN]<\/title>\n<meta name=\"description\" content=\"The unprecedented increase in exports from China is making it difficult to obtain empty containers, with a subsequent increase in prices and longer shipping times.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shipments from china: why are they all late?\" \/>\n<meta property=\"og:description\" content=\"The unprecedented increase in exports from China is making it difficult to obtain empty containers, with a subsequent increase in prices and longer shipping times.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.nectogroup.com\/en\/news\/consignments-from-china\/\" \/>\n<meta property=\"og:site_name\" content=\"NECTOGROUP | Join Innovation [EN]\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-28T09:33:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-28T10:17:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.nectogroup.com\/en\/wp-content\/uploads\/2020\/12\/spedizioni-cina-copertina.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"spherica\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Shipments from china: why are they all late?\" \/>\n<meta name=\"twitter:description\" content=\"The unprecedented increase in exports from China is making it difficult to obtain empty containers, with a subsequent increase in prices and longer shipping times.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"spherica\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.nectogroup.com\/en\/news\/consignments-from-china\/\",\"url\":\"https:\/\/www.nectogroup.com\/en\/news\/consignments-from-china\/\",\"name\":\"Consignments from China: delays and changes to tariffs - 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For containerised liner shipping<\/strong>, the supply chain for procuring goods<\/strong> is undergoing increasingly significant changes<\/strong>. In fact, in the last year, we have seen:<\/p>\n This situation is mainly due to the Covid-19 global pandemic<\/strong>.<\/p>\n In fact, in early 2020<\/strong>, China moved rapidly from an emergency crisis situation, with extraordinarily low load factors, to the inability to meet an ever-growing demand<\/strong>, especially for shipping, due to the reduction in flights.<\/p>\n In fact, only in November 2020<\/strong> was there a growth in exports of 21%<\/strong> compared to the previous year, due mainly to the intermittent pattern of stoppages and resumptions in company production as the result of various national lockdowns.<\/p>\n<\/div> This situation has in turn provoked a problematic shortage of containers<\/strong> and an imbalance for China between incoming and outgoing containers<\/strong> (according to the latest data, the ratio of incoming containers for imports and outgoing for exports is 1:3).<\/p>\n<\/div> Moreover, according to a joint letter from the European Freight Forwarders\u2019 Association and the European Shippers\u2019 Council<\/strong> to the European Commission\u2019s Directorate for Competition, carriers<\/strong> are profiting from the situation by refusing confirmed contract bookings with the sole aim of taking new bookings at considerably higher spot rates<\/strong>. The letter reads: \u201cCarriers are continuing to top their rates<\/strong> with surcharges, general rate increases, etc. Similarly, shippers and forwarders are being confronted with refused bookings and rolled cargo<\/strong> if carriers deem it more profitable to accept higher rated cargo for a particular sailing\u201d.<\/p>\n<\/div> It is difficult to predict when the situation will return to normal. All hope lies in vaccination programmes<\/strong>, which will hopefully allow more effective containment of the pandemic and consequently, as travel resumes, balance to be restored in the world of shipping.<\/p>\n<\/div> In the meantime, Necto Group<\/strong> requests your patience and understanding<\/strong>. We will continue to keep you informed<\/strong> of the situation.<\/p>\n<\/div> Sources: <\/em>shippingitaly.it<\/em><\/a>, <\/em>clecat.org<\/em><\/a>, <\/em>ilpost.it<\/em><\/a><\/p>\n<\/div>\n