20’ shipping container cost from China?

20’ shipping container cost from China?

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Discussion

tight fart

Original Poster:

3,050 posts

279 months

Wednesday 9th December 2020
quotequote all
Have the prices rocketed?
I got the hard sell from a supplier today on the basis of price increases coming.
He stated, a year ago they were paying around £750, around 5 months ago £1250 and now
they are struggling to find a shipper and looking at paying around £5k for a 20’ container.
Is this likely?

ToastMan76

530 posts

79 months

Wednesday 9th December 2020
quotequote all
Yes the prices are ridiculous. A 40HQ is 7.5k going rate today. We are expecting 10k in January, and hopefully settling post CNY. Doesnt help Felixstowe is fill of empty containers and now Soton is starting to be buggered

Ean218

1,995 posts

256 months

Wednesday 9th December 2020
quotequote all
The whole marine cargo market is screwed at the moment. We just managed to find a container and get it on a boat 2 weeks ago albeit at 50% more than usual. This week we are struggling even to find a container never mind a boat to put it on and no-one will commit to a price.

Usually there is a premium for pre Christmas arrivals, now the price seems to be going up well above even that.

We also face issues with the box on the water, as Felixstowe is stuffed full and now the other ports are being affected. We are being told we might have to pay, either for the boat to float around waiting or for storage at the port while they try to sort out trucks.

Getragdogleg

9,040 posts

189 months

Wednesday 9th December 2020
quotequote all
To buy a container or to ship from x to y?

tight fart

Original Poster:

3,050 posts

279 months

Wednesday 9th December 2020
quotequote all
Getragdogleg said:
To buy a container or to ship from x to y?
Just the shipping cost.

Thanks for the above replies, it’s good to know he wasn’t telling porkies.

purpleviolet69

27 posts

88 months

Wednesday 9th December 2020
quotequote all
tight fart said:
Getragdogleg said:
To buy a container or to ship from x to y?
Just the shipping cost.

Thanks for the above replies, it’s good to know he wasn’t telling porkies.
Right now, double what it should cost. The scum shippers have halved their capacity and doubled the rate. In fact some routes to the US are 4X the price. Expect delays and inflation. The industry has zero regulation. Scum!

purpleviolet69

27 posts

88 months

Wednesday 9th December 2020
quotequote all
And it’s about 4K now for a 20ft incl all costs delivered to final location

chowiekid

330 posts

165 months

Wednesday 9th December 2020
quotequote all
my current prices are showing
£2.8 for a 20
£5.4 for a 40
and 5.8 for a 40hq


I thought it was gunna be worse, im thankful all shipments inbound left some ago, but this is pretty rubbish, we cant seem to get stock delivered...

purpleviolet69

27 posts

88 months

Wednesday 9th December 2020
quotequote all
chowiekid said:
my current prices are showing
£2.8 for a 20
£5.4 for a 40
and 5.8 for a 40hq


I thought it was gunna be worse, im thankful all shipments inbound left some ago, but this is pretty rubbish, we cant seem to get stock delivered...
Shippers have added 1k in transit do quotes mean nothing too. And will seize your goods unless you agree to their ransom. Did I say scum. Before COVID it was 2.5k for a HQ. It’s 10k to the US.

chowiekid

330 posts

165 months

Wednesday 9th December 2020
quotequote all
So my quoted amounts on shipment will be higher now?

sherman

13,730 posts

221 months

Wednesday 9th December 2020
quotequote all
The empty container issue at the ports made the 10pm bbc news tonight.

DoubleD

22,154 posts

114 months

Wednesday 9th December 2020
quotequote all
This has been in the news now for a few weeks.

purpleviolet69

27 posts

88 months

Wednesday 9th December 2020
quotequote all
chowiekid said:
So my quoted amounts on shipment will be higher now?
At any time before arrival they can add any surcharge they want. Anything or if you refuse return the box to origin. Like I said scum. This is the shipping line not your agent. I will pay and take my agent to court for breach of contract. Abroad shippers have dropped containers in different ports and said tough st. Did I say, scum

sherman

13,730 posts

221 months

Wednesday 9th December 2020
quotequote all
DoubleD said:
This has been in the news now for a few weeks.
Havent heard about it in scotland.

DoubleD

22,154 posts

114 months

Wednesday 9th December 2020
quotequote all
sherman said:
DoubleD said:
This has been in the news now for a few weeks.
Havent heard about it in scotland.
Theres been a few articles on the BBC

sherman

13,730 posts

221 months

Wednesday 9th December 2020
quotequote all
Must just be missing it as the snp hang themselves in the alex salmond enqiry news

Getragdogleg

9,040 posts

189 months

Wednesday 9th December 2020
quotequote all
My question is why?

The reason I asked if it was for the actual box or the x to y is that I deal in containers and we have just had our supply tap turned off totally.

I was getting a few boxes a week but now it not likely I will see any more this year.

It's been getting worse for months and we have gone from ordering 10 to 15 at a time to 1or 2.

There is something going on in the background and it's not quite clear what yet.

A conspiracy theorist would be talking about global resets and the like but this may just boil down to supply/demand and demand denial now we are all hooked on the product. Less product for much more money.

Let's see.

Edited by Getragdogleg on Wednesday 9th December 23:50

purpleviolet69

27 posts

88 months

Thursday 10th December 2020
quotequote all
Getragdogleg said:
My question is why?

The reason I asked if it was for the actual box or the x to y is that I deal in containers and we have just had our supply tap turned off totally.

I was getting a few boxes a week but now it not likely I will see any more this year.

It's been getting worse for months and we have gone from ordering 10 to 15 at a time to 1or 2.

There is something going on in the background and it's not quite clear what yet.

A conspiracy theorist would be talking about global resets and the like but this may just boil down to supply/demand and demand denial now we are all hooked on the product. Less product for much more money.

Let's see.

Edited by Getragdogleg on Wednesday 9th December 23:50
It’s simple. Shippers profiteering. Half the fleet is at the Dock saving maintenance. Other half can’t cope with demand. Rates go up. Shippers pick and choose most profitable routes.

DoubleD

22,154 posts

114 months

Thursday 10th December 2020
quotequote all
purpleviolet69 said:
It’s simple. Shippers profiteering. Half the fleet is at the Dock saving maintenance. Other half can’t cope with demand. Rates go up. Shippers pick and choose most profitable routes.
Am I right in thinking that you're not happy?

rofl

purpleviolet69

27 posts

88 months

Thursday 10th December 2020
quotequote all
DoubleD said:
purpleviolet69 said:
It’s simple. Shippers profiteering. Half the fleet is at the Dock saving maintenance. Other half can’t cope with demand. Rates go up. Shippers pick and choose most profitable routes.
Am I right in thinking that you're not happy?

rofl
You’re laughing at being bent over-ok. Cheers