Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
© Slawomir Pryc
By Mike Wackett
More carriers may join Cosco and Yang Ming in exerting pressure on Asian shipyards to defer the delivery of newbuild ultra-large container vessels (ULCVs), scheduled to hit the water before the end of June, until the second half of the year, or even into 2019.
That was the view expressed by ClipperMaritime consultant Neil Dekker during a presentation to launch the transportation and analytics division of New York-headquartered ClipperData in London last week.
Both Cosco and Yang Ming have postponed the delivery ...
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