Hutchison megadeal reveals dark side of container shipping
What money cannot buy
Container lines are becoming increasingly selective about the commodities they want to carry, targeting “more for less, in size” during the peak season rush.
Heavy and overweight shipments have taken a hard knockback from carriers working to push vessel loads on available space from India to Europe, amid strong booking demand, according to market sources.
They noted that major liners were pushing for lightweight freight bookings and tightened their cargo weight policies to realise their stowage plans.
They have also put hefty penalties ...
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