Global Port Congestion
Global port congestion is set to continue until at least Q1 2023 and keep spot freight rates elevated. So, what can you do to avoid sky-high freight charges?
With ship delivery times lengthening since 2020, pushing up freight costs, and leading to supply chain disruptions, the road to “normal” is still in the distance. Today we explore the short-term solutions.
It’s important when organising freight transport in 2022 and beyond, to speak with a qualified organisation with numerous close industry contacts. What this means, is you may be able to explore options otherwise unavailable to the average shipper. An experienced logistics company will also be aware of the ports where space is more available, and therefore freight rates become less.
In the long-term, solutions could look like; more vessels being added to fleets, however Peter Sundara, head of global ocean freight product for the logistics division at Visy Industries stated that, “this does not mean that freight rates will drop broadly as it depends on how ship carriers allocate increased vessel capacities.”
With over 20 years of experience, Aurora Yacht Logistics is well-positioned to assist you through varying freight rates and lacking vessel options. Through our network of contacts, we are able to gain insight on ports with clearing congestion, and gain rates through multiple agents to ensure competitive solutions.
Contact us today if you’d like to discuss the transportation of your yacht.
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