Although container shipping costs across the Caspian Sea have been rising since the beginning of the year, they reached a stable level in October. The earlier increase in prices was also influenced by concerns about possible disruptions to cargo transportation from China to Europe via alternative maritime routes amid the unstable situation in the Middle East. This was reported by price assessment agency “Argus”.

According to the agency, in October, the cost of transporting a 40-foot high-cube container (40HC) from the Chinese city of Xi’an to Azerbaijan’s Port of Alat ranged from USD 6,750 to USD 7,200. This figure remained unchanged from the September rate.