Thailand’s container shortage is playing havoc with supply chains as carriers prioritise capacity in neighbouring China and Vietnam, say cargo owners.
The Thailand board of trade estimates the country had a shortage of 1.5m containers in 2020, according to the Bangkok Post, prompting the government to intervene by promising to subsidise import fees for empty boxes for up to six months.
While the impact of equipment shortages is felt worldwide, Thailand is also suffering stiff competition from rival Asian exporters, according to Ghanyapad Tantipipatpong, chair of the Thai National Shippers’ Council (TNSC).
She told The Loadstar: “Thailand receives less space and container allocation because shipping lines have given priority to China and Vietnam. They have more competitive advantage and are willing to accept higher freight rates from the lines.
“This…
