Outlook for container shipping 'more uncertain now than at the onset of Covid'
Shippers are advised to prepare for “difficult operational and shipping conditions” as maritime analyst Drewry ...
High capacity and low demand will leave ocean carriers on Asia-North Europe routes in a tight spot, with analysts suggesting even mild growth would seem a major victory.
Drewry said that, with demand remaining low, carriers were likely set to face the same challenges as last year, in absorbing new big ships into the trade.
“The average size of containership deployed increased by approximately 6% from the start to end of 2018, to reach 15,000 teu,” it said.
“That average will rise again ...
Keep our news independent, by supporting The Loadstar
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Ecommerce likely the front-runner in resurge of transpacific trade after deal
China-US trade tariff pause could drive a rebound for transpacific rates
Shippers should check out the 'small print' in China-US tariff cuts
Service chaos from trade ban with India a problem for Pakistan shippers
Carriers impose 'emergency operation' surcharges on Pakistan cargo
15% rebate for box ships as Suez Canal Authority woos carriers
Comment on this article