Container Shipping Effect on Inflation and Markets

Container shipping rates are at all-time highs. So How bad is the situation? How bad is the backup at various container shipping ports? What effect is this having on inflation in the short term? Evergiven container ship released from Suez Canal

Busiest Container Shipping Ports

Problems at Yantian port

Ships anchored of container shipping ports causing backups

The surge in Container shipping prices

Panana Spread all-time high container shipping rates

Empty sailings containing shipping

Dwelling time container shipping

The difference in rates Shanghai to LA vs La to Shanghai

Container shipping rates impact on inflation

New container shipbuilding orders up in 2021 to around 17% to 20% of the fleet

Evergiven stuck in Suez Canal

Evergiven container ship finally release from Suez Canal

Effect on global trade due to container ships stuck in Suez Canal

Mentioned in this Episode:

Book The Box by Marc Levinson https://amzn.to/3hwcj61

Book Outside the Box by Marc Levinson https://amzn.to/3e7AgyN

Podcast Is Inflation Really Out of Control? https://podcasts.apple.com/us/podcast/is-inflation-really-out-of-control/id1432836154?i=1000526178078

Supplychaindive charts showing Covid container ship problems https://www.supplychaindive.com/news/yantian-china-port-covid-charts-data-congestion-ships-supply-chain/602014/

Balance of Trade Chart https://fred.stlouisfed.org/series/BOPGSTB

Yantian port back to normal? https://theloadstar.com/yantian-back-to-normal-tomorrow-but-box-backlog-will-take-weeks-to-clear/ from THELOADSTAR site

Infographic showing impact to global trade from stuck Evergiven container ship in Suez Canal from Freightwaves site https://www.freightwaves.com/news/daily-infographic-ever-given-finally-released-from-custody-in-egypt

Yantian port to re-engage with pre-financial crisis expansion of 3 million TUEs at port https://theloadstar.com/port-of-yantian-dusts-off-pre-financial-crisis-plan-to-add-3m-teu-capacity/