24 Hrs
Source:
وكالة الأنباء القطرية
Middle East Tensions Boost Shipping Costs
The cost of shipping containers from Asia to the United States has risen significantly since the start of the war in the Middle East, with prices nearly doubling compared to the end of February. The rate now stands at approximately $4,565 per shipment from Shanghai to Los Angeles and $5,505 to New York. Additionally, fuel prices for ships have experienced a substantial increase of 55%, leading to higher shipping costs and impacting market prices. These increases are attributed to increased demand and the level of disruptions in the maritime transport market.
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