Cancel The Reserved Space And Deduct The Goods If You Do Not Accept The Price Increase

May 31, 2024

Leave a message

  Feedback from the freight forwarding and logistics industry shows that in the face of rising freight rates, some shipping companies have begun to go back on their word and directly arrange back-end locks for the slots that have been released, so that freight forwarders and cargo owners holding booking orders cannot pick up the containers. If you don't accept the price increase, you won't place an order!

After accumulating three years of experience in the epidemic (freight rates can rise at will, no country can control it), some shipping companies are extremely casual about price increases!

  The price can be increased after the space is released, the price can be increased before the ship sails, the price can be increased after the ship has sailed, and even after the ship arrives at the port, the price can be increased at will!

  What should I do if I don't accept the price increase? If you do not accept it before sailing, you will have to return to customs and return to the port at your own expense! It will not be accepted after sailing or arriving at the port, and the locker will be locked on the spot!

The most shocking thing is that if you don't accept the price increase, even after the ship arrives at the port, even if you have the original bill of lading representing the rights to the goods, some shipping companies will "deduct the goods if they don't accept the price increase"!

  They say that when a cannon goes off, there is a thousand taels of gold. Continuing tensions in the Red Sea have caused cargo ships to detour around the Cape of Good Hope, significantly increasing route distances and sailing days, resulting in a shortage of shipping capacity and thus pushing up shipping prices.

  According to CCTV News, the leader of the Yemeni Houthi armed forces, Abdul Malik Houthi, said in a televised speech on the 16th that the organization will continue to expand the scope of its attacks and that all ships heading to Israeli ports will be targeted by the Houthi armed forces. Attack targets, these ships will be attacked wherever the Houthis have the capability to reach. He said the Houthis' move was an act of solidarity with the Palestinians.

  Shipping is tight, and shipping companies have entered a seller's market. In order to increase prices, they will break contracts and start various "saucy operations." Considering the geopolitical conflict situation that may explode at any time, and the ugly situation of shipping companies at this stage, shipping prices have more than doubled. Fees may rise further.

Send Inquiry