News / 'Slow season' and ocean network stabilisation easing pressure on rates

Rotterdam OOCL Photo 54305949 © VanderWolfImages Dreamstime.com

12/04/2024

While container spot rates on the Asia-Europe and Asia-North America trades continued to remain elevated, year on year, due to the Red Sea crisis, collapsing rates on other trades continue to dent carriers’ earnings outlook.

Cosco-owned OOCL today reported its operational update for first quarter, which ...

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