Complex logistics hurdles affecting China's seaborne bulk shipping routes
Published: Monday, 22 March 2021
High demand for bulk vessel space for mineral raw materials exported from China is driving costs for this transport option higher, with market participants reporting an array of factors that are affecting trading conditions and delivery timelines.
Container freight costs for China's seaborne route have
remained high well into March, with
ongoing disruptions reported by participants active in
metals and minerals trading.
Suppliers have shifted en masse to bulk shipments, where
they could, which has led to increased costs for bulk freight,
longer lead times and consequential...