Why do international sea freight prices change so frequently

2023-09-01 11:36

After the liner company formulated the freight schedule, sea freight rates did not remain unchanged. On the contrary, sea freight rates are constantly changing, especially in recent years with the changes in the world economy, and sea freight rates have also fluctuated and unpredictable, even reaching a high frequency of changing rates once per voyage.


Therefore, changes in sea freight rates have become a focus that international freight forwarding companies attach great importance to. So what are the factors that affect the changes in sea freight rates.


International sea freight rates fluctuate greatly and are influenced by various factors, including routes, ship types, cargo properties, transportation seasons, fuel prices, etc. Different routes result in different transportation distances and times, which in turn affect freight rates; The type of vessel and the nature of the goods determine transportation costs and risks, and also affect freight rates; The transportation season and fluctuations in fuel prices will affect additional shipping costs, which in turn will affect the total shipping cost. In the international shipping market, freight fluctuations may also be influenced by factors such as macroeconomic conditions and international trade policies. When choosing a transportation method, shippers need to consider these factors comprehensively to reduce transportation costs.


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