At the beginning of the New Year, global shipping prices continued to fall last year.
Sea transportation, also known as "international ocean cargo transportation", is the most important mode of transportation in international logistics. It refers to a method of using ships to transport goods between ports in different countries and regions through sea lanes, and is most widely used in international cargo transportation. Ocean transportation is one of the most important transportation modes in the international Commodity Exchange, and the cargo transportation volume accounts for more than 80% of the total international cargo transportation volume.
As the global epidemic continues to improve and the economies of all countries are recovering, shipping and sea transportation in many countries and regions have been restricted due to the epidemic, and the most prosperous phase of the shipping market may become a thing of the past once the epidemic prevention and control policies are gradually lifted.
Sea freight rates have returned to pre-COVID-19 levels and are expected to remain relatively stable in 2023.