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Recent International Shipping Trends – ROYAL GROUP


Recent international shipping trends:

Due to the attack in the Red Sea, all shipping companies have suspended cargo on the Red Sea line.

Countries affected include: Saudi Arabia/Djibouti/Egypt/Yemen/Israel.

At the same time, because the Red Sea can not pass, ships to Europe and the Mediterranean can only detour through South Africa's Cape of Good Hope, resulting in European and Mediterranean Sea freight prices will skyrocket.

The current form of the Panama Canal:

The dry season will last through the first half of 2024, and sea freight rates on some U.S.-East routes and Caribbean routes will continue to rise. If you want to shorten the delivery time, the suggestion is to arrange the procurement plan reasonably.

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The end of the year is coming, if you have a plan or engineering project to purchase steel at the beginning of next year, it is recommended that you arrange in advance to avoid missing the time limit.

Purchase steel please contact Royal Group!

Contact Us:

Email: sales01@royalsteelgroup.com(Sales Director)
chinaroyalsteel@163.com (Factory Contact)
Tel / WhatsApp: +86 153 2001 6383


Post time: Dec-20-2023