Crazy sea freight doubled and doubled, port congestion, a box is hard to find, foreign trade enterprises "suffering." According to the Baltic Freight Index, standard freight rates on routes from Asia to North America rose sixfold year-on-year in the year just past 2021. Among them, the highest prices from Shanghai to Los Angeles surged nearly 12 times year on year. Industry said that "a box of hard to find, a box of ten thousand gold" so that the global trade market is shrinking, the future may be in a long-term "ice age" state.

40 times monthly salary year-end bonus

Evergreen Marine, a Taiwanese shipping company, has given its employees year-end bonuses worth 40 times their monthly salary on average. "Where do you work?" ", "Eva Marine! , capital "pull hate"! For example, if an employee earns NT $60,000 a month and gets a year-end bonus of nearly NT $2.4 million, a specialist can get NT $1.5 million.

Last week maersk said it expected to report a further profit of up to $1.8bn in the fourth quarter of 2021, compared with a revised full-year eBIT of $19.8bn. In the first three quarters of 2021, The net profit of COSCO was 67.59 billion yuan, up 1651% year on year. In the same period, CIMC net profit of 8.799 billion yuan, a year-on-year increase of 1161%.

In 2021, the Canal authority's annual revenue hit a new high of $6.3 billion, up 12.8 percent from the previous year, as the canal survived the "Jam of the century." The Suez Canal Authority has raised prices by 6 per cent for 2022 amid huge shipping demand.

Foreign trade enterprises were forced to move out of the "jack" under the attack of a case of freight rising.

Recently, a musical instrument trading company in Foshan, Guangdong province was looking forward to receiving an empty container after two months, so that the Musical Instruments in its warehouse could finally be shipped to overseas customers. In order to cram more than a few boxes at a time, foreign trade companies are using geometry, physics and even the ultimate trick, the jack.

Ningbo Export Container Freight Index (NCFI) data show that: in 2021, the average value of NCFI composite index is 3255.7 points, up 218.4% and 374.2% compared with 2020 and 2019. The freight prices of major global routes in 2021 will increase in different degrees compared with that of 2020: the average market price of 40-foot boxes of European routes will increase by 420.0%; Last year, the average market price of 40-foot boxes on the EAST/West lines increased by 388.7% and 524.6%, respectively, compared with 2019. As of December 31, 2021, the average market price of 40-foot boxes on The Tai-Yue and Singapore-Malaysia lines was 2,996 USD/FEU and 3,796 USD/FEU respectively, up 103.4% and 72.3% from the same period last year, respectively.

According to some logistics companies in Singapore, the price of a box in Singapore may increase by 3 to 5 times, and some routes even reach 10 times; Due to port congestion, cargo often can not be loaded and unloaded in time, can not ensure that the goods arrive on time; In December, the port of Singapore became clogged again, extending the waiting time for ships from 2-3 days to 7-10 days.

According to data released by UNCTAD in early December 2021, global trade in goods is expected to reach us $22 trillion in terms of trade flows in 2021, up 22.4% year on year, us $2.8 trillion higher than 2019 before the outbreak and a record high. Under the premise of strong global economic recovery, high inflation and weak supply, the shipping market will continue to be characterized by "rapid growth of trade volume, unsmooth supply chain and high rise in freight rates".