'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
Ocean carriers are continuing to redeploy tonnage onto more lucrative east-west tradelanes, leaving shippers on lower-paying routes without a regular liner service.
According to Alphaliner, the Asia to Middle East trade is one of the secondary trades most affected by the drift of ships to other services, with no major carrier now able to offer a weekly sailing.
The consultant said it had counted just 29 vessels deployed on the seven dedicated China-Middle East services operated by the major carriers, whereas 50 ...
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Comment on this article
Bruce Hartman
September 15, 2021 at 7:33 pmCan we see the chart?
Alex Lennane
September 16, 2021 at 8:38 amSorry, we meant the chart of ships that is the main picture.