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Soaring freight rates give pessimistic outlook for China seafood exports

Freight rates in China continue to soar with a further $2,000 jump across most shipping lines this month due to a shortage of containers, according to a Chinese seafood exporter

By Cyrus Chan | Aug. 6, 2021 14:23 BST
Cargo terminal of the sea port of Ningbo, China. Credit: Vladimir Tretyakov / Shutterstock
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The cost of shipping a seafood container from China to the US, Europe, and Africa is expected to have increased by $2,000 in August amid ongoing container shortages, according to Nantong-based seafood supplier Ocean Treasure [...]

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