News / Rough seas ahead as container shipping faces a peak season 'washout'

Picture: Stephen Waller

05/08/2016

Container spot rates between Asia and Europe have lost a big chunk of last week’s gains as carriers face the prospect of a “washout peak season” after a catastrophic first half year.

The Shanghai Containerised Freight Index (SCFI) this week recorded a 23.5% drop in spot rates to ...

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David Lee
August 06, 2016 at 12:37 pm
Such situations seem to be very helpful for HJS to persuade SEASPAN to cut more charterage.

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Ronny Pozzuoli
August 29, 2016 at 3:39 am
Stein said that carriers should consider shedding “even more” non-core assets, such as shipping terminals and third-party logistics businesses. Some companies have already done this, with Hyundai Group

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