What’s happening with Far East Freight to Mediterranean Trade?
According to the Shangai Container Index, container Freight rate in 2021 surged by 250% TO 350% from Far East main ports to the Mediterranean when compared to 2019... Why? It's supply Vs Demand factor: Asia was the first hit, but the first continent to recuperate from the pandemic, which means that countries like china are working with full capacity to produce and export...