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Container Shipping Costs from South Korea to China Rise for Eighth Straight Month in September

October 16, 2024 1 min read
author Anamika Mishra, Sub Editor
Container shipping costs from South Korea to China increased for the eighth consecutive month in September, according to the Korea Customs Service, as reported by Yonhap. The average cost for a 40-foot container rose 17.6% month-on-month, reaching 862,000 won (approximately US$634.48). This ongoing rise has been noted since February. In contrast, shipping costs from South Korea to the European Union saw a decline of 14.7%, marking the first drop in five months. Similarly, the South Korea-Vietnam route experienced an 11.1% decrease, the first reduction in eight months. Costs for shipping from South Korea to the

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