Carriers keep the price pressure on – a 'shock and awe' PSS the standout
Container spot freight rates on the transpacific and Asia-Europe trades rose for the sixth consecutive ...
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The ’Drewry Container Forecaster’ webinar that took place today was a very good reminder of where the wind is blowing in container shipping.
First off, the market may be “getting off the floor”, based on the indications contained in the chart below…
… but, connecting the dots, there remains a side issue, as flagged by our market guru Mike Wackett last week: “Boxship demolition sales disappoint analysts as charter market booms“.
(Just as Drewry today confirmed that demolitions/idle fleet “are still well below ...
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