Comment / OceanX: All eyes on ILA strike as rates continue to drop and China regains pride

ID 6807133 © Olga Miltsova | Dreamstime.com

September is coming to an end, Q4 24 is about to start and the industry anxiously looks towards US ports and whether we get a last-minute deal or a strike and supply chain mayhem.

Meanwhile, our Chinese friends are putting their last shipments on the water, before heading into Golden Week from tomorrow, October 1st.

Oh, well: ocean rates keep dropping and the national holiday of the largest exporter will not hold that slide but will likely accelerate ...