Carriers look to short-term gains over blanking, as Red Sea crisis props up rates
With the Red Sea crisis continuing to artificially prop up container spot rates, carriers have ...
More from Drewry on the limited range of options available to container lines that want to limit capacity – as any sane line would. But it’s not as easy as it would appear. The entrance into service of bigger ships has upped the stakes in the game. Carriers which have invested in a big ship have more to lose if it is mothballed, so their main tool has become “missed sailings”. Trouble is, this is more ineffective than lay-up, in terms of increasing rates.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
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Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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