Container Shipping Rates

Discussion in 'International Business' started by OMGVape, Feb 1, 2021.

  1. OMGVape

    OMGVape Contributor

    577 75
    Does anyone have recent prices for shipping 20/40ft containers UK to China?
     
    Posted: Feb 1, 2021 By: OMGVape Member since: Jan 21, 2018
    #1
  2. Red Wood

    Red Wood Contributor

    680 76
    Approx $10K FOB Deep water port China > door

    40ft HC
    Chunk of that price seems to be surcharges
     
    Posted: Feb 1, 2021 By: Red Wood Member since: Jan 14, 2014
    #2
  3. OMGVape

    OMGVape Contributor

    577 75
    Who’s quoting that ? My agent is quoting $13,000 just for the voyage !!
     
    Posted: Feb 1, 2021 By: OMGVape Member since: Jan 21, 2018
    #3
  4. Red Wood

    Red Wood Contributor

    680 76
    K&N.

    It WILL get rolled though.
     
    Posted: Feb 1, 2021 By: Red Wood Member since: Jan 14, 2014
    #4
  5. OMGVape

    OMGVape Contributor

    577 75
    Thank you.

    Rolled??
     
    Posted: Feb 1, 2021 By: OMGVape Member since: Jan 21, 2018
    #5
  6. Red Wood

    Red Wood Contributor

    680 76
    Rolled to the next sailing, then the next, then the next and finally, the next.
     
    Posted: Feb 1, 2021 By: Red Wood Member since: Jan 14, 2014
    #6
  7. OMGVape

    OMGVape Contributor

    577 75
    OK, understood. Many thanks
     
    Posted: Feb 1, 2021 By: OMGVape Member since: Jan 21, 2018
    #7
  8. Mike Foulds

    Mike Foulds Contributor

    125 43
    Hi, could I ask/check if you are after rates UK TO CHINA, or CHINA TO UK? Rates from China to UK are at extremely high levels, however, UK to China isn't as high at this time.
     
    Posted: Feb 2, 2021 By: Mike Foulds Member since: Mar 21, 2018
    #8
  9. OMGVape

    OMGVape Contributor

    577 75
    Ah, well spotted Mike.

    I meant China to U.K.
     
    Posted: Feb 2, 2021 By: OMGVape Member since: Jan 21, 2018
    #9
  10. Mike Foulds

    Mike Foulds Contributor

    125 43
    Just wanted to check, as I wanted to ensure you were receiving correct information.

    As others have mentioned, freight rates from China to UK are (for a 40ft container), anything from about USD 8500 to USD 14000, with different availabilities on space/equipment and chances of the cargo happening as planned.

    We are reading in trade publications as well, that lines are currently accepting additional bookings, to give them room to "slide" bookings by a week, to ensure vessels remain full even over the Chinese New Year period.

    Hope that helps.
     
    Posted: Feb 2, 2021 By: Mike Foulds Member since: Mar 21, 2018
    #10
  11. OMGVape

    OMGVape Contributor

    577 75
    Thanks Mike.
     
    Posted: Feb 2, 2021 By: OMGVape Member since: Jan 21, 2018
    #11
  12. Mr D

    Mr D Contributor

    28,528 3,537
    Did hear from one supplier that he can get a little cheaper delivered to EU port then transported by lorry to his warehouse. Not a large saving and of course extends time by a fair bit - but he was factoring getting the product before running out of stock.
     
    Posted: Feb 2, 2021 By: Mr D Member since: Feb 12, 2017
    #12
  13. Red Wood

    Red Wood Contributor

    680 76
    This is not correct, sailings are 75% full AT BEST.
     
    Posted: Feb 2, 2021 By: Red Wood Member since: Jan 14, 2014
    #13
  14. kevin.doran

    kevin.doran Contributor

    2,541 483
    Any chatter about prices coming down yet?

    I know the initial thought was after CNY but most seem to have gone quiet on that now.

    Our next shipment is due to leave April so I'm really hoping it's started to drop by then.
     
    Posted: Feb 3, 2021 By: kevin.doran Member since: Nov 28, 2011
    #14
    • Thanks Thanks x 1
  15. OMGVape

    OMGVape Contributor

    577 75

    My U.K. agent just quoted $6200 for a 20ft but my factory today have quoted $4575 (just for the voyage).
     
    Posted: Feb 3, 2021 By: OMGVape Member since: Jan 21, 2018
    #15
    • Thanks Thanks x 1
    • Useful Useful x 1
  16. Red Wood

    Red Wood Contributor

    680 76
    I hate myself for this, but $6200 is decent in current climate. Is that FOB > Door?

    It seems this hasn't materialised like we all hoped. The ship owners are still price gouging. I think it's going to continue until lobby from either governments or trading bodies start to stamp their feet.
     
    Posted: Feb 4, 2021 By: Red Wood Member since: Jan 14, 2014
    #16
  17. WaveJumper

    WaveJumper Contributor

    2,044 517
    You would think with all those long haul jets sitting around doing nothing there would be a huge demand for air freight ...... but what do I know :)
     
    Posted: Feb 5, 2021 By: WaveJumper Member since: Aug 26, 2013
    #17
  18. MurphyM22

    MurphyM22 UKBF Newcomer

    5 0
    We've just paid $13,500 40ftHQ FOB China-UK - freight only, ex-other costs. Crazy prices. If there is a backlog after CNY, can't see pricing coming down that much until summer and maybe after lockdowns lift a bit, and people start booking hols etc again.
     
    Posted: Feb 5, 2021 By: MurphyM22 Member since: Jan 23, 2021
    #18
  19. GraemeL

    GraemeL Pain in the neck? Verified Business ✔️
    Contributor

    5,221 1,155
    Freight rates dont really matter if you pass the cost on to your customer. ;)
     
    Posted: Feb 5, 2021 By: GraemeL Member since: Sep 7, 2011
    #19
  20. Red Wood

    Red Wood Contributor

    680 76
    Solid point.
     
    Posted: Feb 5, 2021 By: Red Wood Member since: Jan 14, 2014
    #20