Posted on January 28, 2010

On Tuesday China put into operation the clampdown on business credit which it had announced previously.  This has produced a fall in the Baltic Exchange main seafreight index, as China’s demand for raw materials was one of the main factors sustaining freight rates.  However, there is still a shortage of capacity because shipping lines took ships out of service in response to the economic downturn which may help sustain rates.

Finland container containers France U.S.A Germany logisitics Switzerland Australia exports China exporters USA China freight forwarders Covid-19 exports waste shipping India Sweden Spain wine Gothenburg Seafreight Hong Kong Brexit Freight Shipping Swedish Denmark Netherlands Vietnam freight Poland export Norway air freight Turkey Sweden freight South Africa rail freight cargo Pakistan EU Ireland logistics freight forwarding italy Japan imports Canada