FOSHAN TANFON ENERGY TECHNOLOGY CO.,LTD
FAQ
Why are ocean freight rates rising?
Published by TANFON SOLAR June 13,2024

I believe everyone knows that the current shipping costs are rising very fast, with a new price every week

But many customers don’t understand why the shipping costs are rising so fast? Why are they rising so much?

Because it is the dry season in Panama, the shipping schedule is slow, and there are few ships returning, resulting in a shortage of space.

In addition, the United States will increase tariffs on China at the end of August, resulting in a sharp increase in our domestic exports

Also, our domestic new energy will build a factory in Brazil, so a large number of cabinets have been ordered to Brazil, resulting in very few spaces for us

And the prices of the Central and South American Caribbean routes have been rising, and the prices are different every week

So, if you have a demand, it is recommended to confirm as soon as possible. This situation is expected to continue until the beginning of next year.

 

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