Thursday, August 19, 2021

The spike in container freight rates finally reached brazilian shipments

 




Just as an example cost of one 40feter from Brazil to Mexico (ports of Altamira/Veracruz) was
in the range of U$ 1,500 /1,800 in April 2021 and rised to U$ 2,800/3,200 at the end of May.

In June it was billed already over U$ 4,000 and , now in August U$ 6,300.
It is previewd for  September/October in the range of U$ 8,000/9,300

Exporters are facing trouble to sell on CIF/CFR terms and prefer FOB terms with buyers assuming the risk of freight.

In June 16 we already published the report below:

Specifically in Brazil freight rates where little affected if any, until now, but it started increase from the beginning of this month.

Routes and availablity of vessels and containers where altered already before, with changes happening on already contracted and booked vessels and ports, causing delays and dificulties to plan shipment and arrivals.




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