Due to the spread of the new coronavirus infection, there is a shortage of containers required for transportation by ship, and freight rates are soaring. It was a record high for this period.

On the other hand, the shortage of containers is expected to be resolved at the earliest after this autumn.

With regard to ship containers, the spread of infection with the new corona has increased demand for products used at home and increased luggage, resulting in a serious shortage of containers and soaring freight rates.



Reflecting this situation, the final profits of the three major domestic shipping companies for the three months up to June are:


▽ NYK ¥


151

billion

▽ MOL 104.1 billion yen


▽ Kawasaki Kisen 101.9 billion


Both the

yen and the yen

reached record highs for this period.



Of these, NYK and MOL's final profits exceeded those of the previous year.



On the other hand, shipping companies have indicated that the shortage of containers will be resolved at the earliest after autumn.



Since the factory will stop operating at the "National Day" in October, which is the anniversary of the founding of China, cargo movements may settle down during this period.



At an online press conference, MOL Managing Director Takeshi Hino said, "I think the National Day will be a break. We expect that the market for ship freight will gradually decline from the end of October." I did.