Global shipping supply/demand imbalance leading to unprecedented freight charges

In recent months there has been an exponential surge in freight charges as well as disrupted shipping schedules. Despite these unforeseen challenges, we are committed to reliable and outstanding service and are working closely with our freight forwarding partners, suppliers and customers to find solutions to best manage this.

Here are some insights into the current sea freight crisis.

Freight charges continue to rocket as global shipping remains in turmoil.

Value for money:

UDEC Group

Why is this happening?

Shipping Freight Rates

The worldwide container congestion and equipment shortage started when the COVID-19 pandemic closed down large parts of the world. Then followed a record increase in demand, the industry had difficulties keeping up. The shortage of supply has resulted in significant increases in shipping freight rates, beyond any reasonable expectations.

What does this mean for you?

Exorbitant freight rates not only from Chinese ports, but most Southeast Asian ports. Limited slots are available for booking; these are not only hugely expensive (currently up to 8-10 times higher), but also unreliable as confirmed containers are left behind without reason or notice. Due to transshipment, transit times have lengthened significantly, at times doubled or tripled.

What can you do?

UDEC Group


Ensure you have sufficient emergency stock in case of delayed shipments.

UDEC Group


If you want to make sure your box gets a slot ona the vessel, you’ve got to be prepared to pay the asking rate; the shipping lines are not open for negotiations.

UDEC is here to support you during these challenging times!