Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
Photo: Hapag-Lloyd
More new containerships have been commissioned from shipyards this week, with orders this year set to be a record number.
Figures from VesselsValue show that 254 box ships have been ordered this year.
Stringent environmental regulations are prompting fleet renewals, while mainline operators seem certain the Red Sea crisis will continue, keeping tonnage supply tight.
Besides the 24 ships Hapag-Lloyd announced yesterday, this week has seen Pacific International Lines (PIL) order five 9,000 teu vessels ...
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