Asma Marine Shipping and International Transport plans to implement contracts worth 10 million pounds during the current year as part of the company’s investment plan after the relative stability of the shipping market in the beginning of 2021.
Eng. Haitham Talha, the president of the company, added that Asma Marine aims to provide all the necessary mechanisms to facilitate the customers, as the company has tended to rent warehouses to provide packing work and prepare some goods for some customers to supply, as stores are one of the important mechanisms necessary for customers in the field of logistical transport.
A member of the General Division of Importers at the General Federation of Chambers of Commerce and a member of the Arab Businessmen Forum in China explained that the company seeks to provide equipped stores where the establishment of warehouses is an urgent need for many customers to dispose of some goods that are under reservation or store them for a period of time.
The company president said that the negative repercussions of the Corona crisis prompted the maritime shipping business to decline in the Marin business by about 30% during 2020 compared to 2019, as it affected the volume of investments for companies and economic entities during the past year.
In a related context, Talha pointed out that the prices of sea freight containers from China are witnessing a remarkable increase at the present time, which is about 120%, pointing out that this matter, of course, has an impact on the decrease in available containers as well as the closure of some countries to their borders, which also had an effect on the crisis of rise Shipping prices, which led to a shortage and deficiency in the number of containers, in exchange for an increase in demand, ranging from 150 to 200%
Talha said that shipping prices increased from China, as the price of shipping a 20-foot container increased from 1,200 -1500 dollars to 3,500 dollars on average, and also the price of a 40-foot container increased from 2,500-2,700 dollars to 5,500 dollars to 6,000 dollars, and it may reach 10 thousand dollars depending on the port. Access.
He said that the Chinese holiday, which extends from February 11 to February 17, causes an increase in freight prices as well, explaining that freight rates are expected to witness a remarkable improvement during 2021 as the global economic conditions stabilize.
He indicated that the shipping sector for logistical companies is expected to recover in the second half of this year, with the emergence of the vaccine, which showed positive results during the past few years, which heralds a strong return of shipping companies again, injecting many investments and attracting new customers again.
The article “Talha”: “Asma Marine”, implementing contracts worth 10 million pounds this year, was written in the Al-Borsa newspaper.