Ocean capacity is rising, demand is cooling, and 'the market is starting to turn'
Container spot freight rates on the main east-west ocean trades showed their first decline since ...
Port congestion issues, equipment shortages and a very harmful lack of capacity for the trade are going to vanish later this year the bulls insist? Go away!
There is yet one more reason, detailed herein, why AP Møller-Mærsk (APMM), CMA CGM, Hapag-Lloyd and friends will keep capacity at the bare minimum for longer, while talk of adding tonnage where the shippers need it most short term is a pure joke (barring here any mid-term capex considerations).
Why, ohhh why
Now: why add capacity ...
Comment on this article