Carriers eye major rate hikes for July, even as port congestion strands 3.4m teu
Congestion in European and Asian ports has kept 3.4m teu of box ship capacity queued, ...
By Sam Whelan
Although trade with the Far East is booming, shipping line surcharges in Australia are “spiralling out of control” – and carriers blame port congestion.
Last week, Alphaliner highlighted a significant increase in cargo demand in Australia, coinciding with the country’s peak season.
“The rise is fuelled both ...
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