Container counterfactuals: spot market vs time-charters
Spotting the time-charter correction…
Headhaul cargo visibility for Asia-North Europe carriers is still unclear for July and August, with much depending on the speed of the economic recovery and the appetite of consumers to spend, following the easing of Covid-19 lockdowns.
But for now carriers appear to be holding fire on announcing further blanked voyages, presumably until they see whether the current – some would say “artificial” – surge in demand can be sustained.
On Wednesday, Rotterdam’s World Gateway terminal will welcome the newly-crowned world’s biggest ...
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