Spot rates surge again as carriers push through fresh July hikes
A series of container freight spot rate hikes and general rate increases implemented on 15 ...
By Mike Wackett
A perfect storm of newbuild containership deliveries, weakening demand and a dearth of scrapping candidates is throwing the supply/demand balance hugely out of kilter.
Shipowner association Bimco said it expected a “slight improvement” in the balance next year, but nevertheless added that trade, freight rates and ...
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