THE BIG PICTURE
Surcharges, price rises, and stress from lower vessel capacity remain a threat to smooth shipping, as well as margins. Nick Crowley of CL Commodities told the GPC’s Pulse Pod in July that "shipping lines have As we enter peak season for shipping for many regions around the world, traders will be keeping their fingers crossed that a deceleration sees more reasonable, trade-friendly pricing moving forward. increased freight rates at short notice and canceled bookings at short notice, making trade difficult in the short-term." While this is the experience of an Australian trader, it is not unique to that region's trade routes – prices from Korea to the EU, for example, rose 44.6% in June compared to May, or
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