CONTAINER prices in the us have fallen in recent months and will fall more, according to Container xChange, reports Colchester's Seatrade Maritime News.
'In general, logjams and disruptions lead to increase in container prices, especially in second-hand container prices because more container volume is tied up along the logistic supply chain,' said Container xChange CEO Christian Roeloffs.
'However, in the United States, there is a pile-up of empties as those containers cannot be repatriated back to Asia because of several disruptions one after the other in the past two years, and more recently due to the China lockdowns and Russia Ukraine crisis.'
Mr Roeloffs expects prices to continue to fall as depots overflow and container owners become frantic to empty units.
'Once we see depots overflowing, container turnaround times becoming faster and shorter again, and container fleet utilisation increasing again, we do believe that container availability on a global scale will become more abundant again,' said Mr Roeloffs.
Meanwhile, lockdowns in China may have eased the backlog of vessels and cargoes in the US, but some disruption is expected as lockdowns ease.
'There will be a lot of disruptions when the lockdowns are lifted, and vessels will storm the east as well as the west coast ports. There will be an added element of panic shipping. This will further increase supply chain pressures and logjams in the US,' said Mr Roeloffs.
SeaNews Turkey
'In general, logjams and disruptions lead to increase in container prices, especially in second-hand container prices because more container volume is tied up along the logistic supply chain,' said Container xChange CEO Christian Roeloffs.
'However, in the United States, there is a pile-up of empties as those containers cannot be repatriated back to Asia because of several disruptions one after the other in the past two years, and more recently due to the China lockdowns and Russia Ukraine crisis.'
Mr Roeloffs expects prices to continue to fall as depots overflow and container owners become frantic to empty units.
'Once we see depots overflowing, container turnaround times becoming faster and shorter again, and container fleet utilisation increasing again, we do believe that container availability on a global scale will become more abundant again,' said Mr Roeloffs.
Meanwhile, lockdowns in China may have eased the backlog of vessels and cargoes in the US, but some disruption is expected as lockdowns ease.
'There will be a lot of disruptions when the lockdowns are lifted, and vessels will storm the east as well as the west coast ports. There will be an added element of panic shipping. This will further increase supply chain pressures and logjams in the US,' said Mr Roeloffs.
SeaNews Turkey
