Ningbo
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Major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe.

And several carriers are reported to have opened first- and second-round tenders with the highest bidders for guaranteed shipment this month.

According to Chinese forwarder contacts, carriers are inviting offers for available slots on end-January sailings from Shanghai, Ningbo, Qingdao and Yantian, with all-in bids below $16,000 per 40ft H/C for the UK and $10,500 for Rotterdam, Antwerp and Le Havre unlikely ...

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  • Mike Wilcox

    January 11, 2021 at 10:07 pm

    wild market

    • Vikas

      January 18, 2021 at 5:17 pm

      Makes sense for these carriers