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News / China faces long-term export threat, while ocean rates plummet

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© Christos Georghiou
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Capacity demand for Chinese exports is in decline, mainly due to full inventories in Europe and the US, which has seen carrier utilisation also decline in the short-term. But the longer-term effects could see some companies move out of China.

The EU Chamber of Commerce in ...

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  • John Kelly Edwards

    September 09, 2022 at 10:44 pm

    Well the carriers had record earnings the last 2 years. Now the momentum shifts back to the importers. This is going to get ugly.

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