New price hikes may slow ocean spot rate slide – but for how long?
Container spot freight rate indices showed some divergence this week, indicating that recent falls in ...
By Mike Wackett
More ships are being held at departure ports in Asia for a week or more, as carriers wrestle with the recovery of their shattered schedules.
They have drawn a blank in their attempts to secure additional capacity to mitigate the impact of port congestion, and are warning shippers to expect more sailings to be delayed.
Hapag-Lloyd CEO Rolf Habben Jansen told customers today the carrier’s fleet was “fully deployed and stretched beyond capacity”.
He added: “Let me assure you that if we can ...
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