21 October, 2021
Sea freight: lack of containers disrupts supply chains

Maritime transport and global supply chains are completely fragmented, torn between the various shortages they face, particularly in China:component deficiencypower cuts(cf.China: Power cuts threaten the world's workshop), lack of boatsto export goods but alsoOf containers. Disseminated across the globe during the post-conflict economic recovery, the « boxes » lack of appeal, especially in Asian ports. The shipping companies and rental companies have sought to rebuild their fleets, so prices have gone up.

Thepurchase priceof the dry cargo container (dry) 40 feet (the most sold market)doubledThis year, in excess of $6,500 in the spring: never seen since 1998, when these amounts began to be monitored. The price of the refrigerated container and tank container also exploded: in one year, their price rose from 13,000 USD to 21,000 USD. In addition to the high demand, it is also the increase in the cost of inputs, especially that of Corten steel used specifically for the manufacture of containers, which increases the final addition. Let us add that it is currently necessarywait six monthsbetween the order and delivery of a tank-container, whereas it only took two short time before. China, which manufactures more than 96% of dry containers, 100% of refrigerated containers at controlled temperatures and more than 90% of tank containers, has a real monopoly that makes the rest of the world dependent.

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