Now the high ocean freight has become a hot topic among foreign trade industry. Along with the approaching of peak shipping season, the shipping cost is predicted to continuously go up.

Early this month, China, USA, and the EU joined in the fifth biennial meeting of the Global Maritime Regulatory Summit to discuss competition issues related to shipping industry.

The key topic includes how to control the trends of current shipping cost, also the future actions to be carried out. Several lead shipping companies like MSK also expressed their attitude of adjusting price strategy. 

Hope they can bring us good news in the near future about cooling down the high cost!