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Green Marine

about 19 years ago

Shipping rates make waves

Booming world trade and demand from China is forcing up the price of shipping rates. Cargo volumes have exceeded the capacity of vessels available by about 10% a year over the past few years. Another factor contributing to the increase in shipping rates has been the ongoing rise in fuel prices.

1 minutes read

Booming world trade and demand from China is forcing up the price of shipping rates.

Cargo volumes have exceeded the capacity of vessels available by about 10% a year over the past few years. Another factor contributing to the increase in shipping rates has been the ongoing rise in fuel prices.

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