The outlook for maritime transport is not very optimistic for carriers. According to available information, there are currently ten large cargo ships in China that have high capacity before completion. As reported by PST CLC Mitsui-Soko, this situation is unlikely to lead to an increase in ocean freight prices, as the increased supply of shipping space may keep prices low or even reduce them further
Vít Votroubek, Chairman of the Board of Directors of PST CLC Mitsui-Soko, who is also Chairman of the Board of Directors of the Czech Freight Forwarding and Logistics Association, says that on the other hand, the situation is advantageous for exporters and importers, for whom low sea freight prices bring a reduction in logistics costs.
The negative situation regarding the conflicts in the Red Sea continues, with shipowners not using the Suez Canal, so ships are sailing around Africa. “Initially, the increased maritime rates have almost bottomed out during the year. There was a drop of about three times. There continued to be irregularity in the sea freight, there were delays in ships, which affected the connections in Europe, the infrastructure, where in certain waves there was congestion in ports or infrastructure, such as rail transport,” says Jan Bláha, director of shipping at PST CLC Mitsui-Soko.
Let us add that, in the transport sector, PST CLC Mitsui-Soko benefits from its position as a global player in the market thanks to being part of the Japanese Mitsui-Soko Group. The shipping department therefore uses Mitsui-Soko’s international network – both for exports and imports. It transports goods as full container (FCL) or piece (LCL) shipments.
