Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
Photo: © Joseph Golby
Some VOCCs [vessel-operating common carriers] appear to be “shifting strategies” for ship acquisition in response to “today’s firm rates”, according to maritime industry analyst Braemar.
In its Monday Morning Container Briefing, Braemar reports that capacity demand continues to outstrip supply and, as a result, the ...
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