China shipping costs fall on container availability

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The managing director of Siginon Group, Meshack Kipturgo. FILE PHOTO | DIANA NGILA | NMG

Shipping cost from China has dropped by over half on the back of the availability of empty containers and the low demand for goods in the global market, reversing historic freight charges witnessed in the last two years.

The shipping cost of a 40-foot container to Kenya has now dropped to a low of $3,500 from a high of $7,000 at the height of the Covid-19 pandemic, coming as a major relief to consumers as this will have a direct impact on prices of imported goods.

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