A wave of container spot rate rises amid peak season and tight capacity
Peak season is now fully under way, after a week in which spot rates on ...
Maritime accidents are usually a long time in the build-up – a collision course set while vessels are hundreds of miles apart; a cargo buried deep in a hold smoldering for days – and then they happen very quickly indeed.
Could the same thing be about to happen to the entire container shipping market?
The current state of play is thus: the eastbound transpacific trade may be half the size of the intra-Asia in terms of volumes, but the far higher rate ...
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