Shipping: Containers

Department for Transport written question – answered on 3rd December 2021.

Alert me about debates like this

Photo of Steven Baker Steven Baker Conservative, Wycombe

To ask the Secretary of State for Transport, what steps he is taking to work with the shipping industry to reduce container shipping prices; and if he will make a statement.

Photo of Robert Courts Robert Courts Parliamentary Under-Secretary (Department for Transport)

My Department is engaging with, and closely monitoring, the sector, along with other government departments. Shipping costs during 2021 have risen to a global high level in international freight markets as a result of unprecedented levels of demand driven by changed consumer behaviour during the pandemic.

Historical trends in the shipping sector shows pricing responds to supply and demand. Although industry estimates that high levels of demand and pricing are likely to continue into 2022, it is expected that pricing levels should similarly re-adjust when the current demand drivers change.

Nevertheless, Government continues to engage with the sector and will consider options to act in any helpful and appropriate way.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.