'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
By Mike Wackett
More ships are being held at departure ports in Asia for a week or more, as carriers wrestle with the recovery of their shattered schedules.
They have drawn a blank in their attempts to secure additional capacity to mitigate the impact of port congestion, and are warning shippers to expect more sailings to be delayed.
Hapag-Lloyd CEO Rolf Habben Jansen told customers today the carrier’s fleet was “fully deployed and stretched beyond capacity”.
He added: “Let me assure you that if we can ...
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