Marginal gains on east-west ocean container routes in a challenging week
Despite the huge uncertainty US tariffs have injected into container supply chains, and its potentially ...
© Sheila Fitzgerald
By Mike Wackett
Ocean carriers are “taking advantage of the moment”, according to Alphaliner, boosting their balance sheets on the back of booming demand and all-time high spot rates.
Carriers are “surfing a wave”, said the consultant, but added that mid-term visibility was low and global growth predictions for next year and beyond were shrouded in uncertainty.
Alphaliner said 2020 would be remembered as “one of the strangest years” for container shipping, with carriers issuing profit warnings at the start of the second quarter as ...
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