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"We recommend expanding supplier networks, diversifying sourcing and proactive vigilance into global events."

"Container trading is beginning to slow in China, signaling the usual seasonal lull."

Importers likely to frontload cargo ahead of disruptions in 2025, driven by labour negotiations and Chinese New Year.

"Consequences will be severe, not only through congestion at U.S. ports but ships will be delayed for the next voyage."

Chennai experienced steepest increase in prices (50%) followed by Nhava Sheva (35%) and Mundra (26%) since April

Geopolitical disruptions and potential labour unrest to also influence this period

Average container prices spike by 45% in May; majority of logistics professionals expect further hikes in coming weeks

As Chinese New Year approaches, we expect tightening of container availability: Christian Roeloffs, Container xChange

While blank sailings are expected to increase, imbalanced container availability may continue in certain regions

Hostilities beyond the borders could introduce risks to two vital shipping choke points - Suez Canal & Strait of Hormuz

Average price of a 40ft high cube container in Moscow was $4,175 in Feb 2022, which is $580 as of Sept 25, 2023

While restrictions could impact Christmas stocks, shippers diverting containers via Suez have been minimal