China sea-freight costs still high as minerals, metals sellers struggle to find vessel space
By Davide Ghilotti
Published: Tuesday, 16 March 2021
Logistics for shipping material out of China continues to be a major concern for sellers of minerals and metals, with container freight rates firm at high levels and carriers giving priority to lighter cargoes.
Sources told Fastmarkets that the shipping hurdles of recent
months have not eased and remained a source of constant
problems for the movement of material.
Freight rates for container shipments from China to
the rest of the world remained in mid-March just as high as
before.
Market participants had hoped...