Maersk vessel forced to omit Cape Town as congestion mounts
The port of Cape Town is facing significant congestion, which is set to worsen this ...
As Christmas nears and shippers and their forwarders across Europe and North America continue to face a widespread shortage of containers, port congestion issues, reduced vessel capacity and soaring prices, the question on everyone’s lips is when the container industry’s current bull run will end.
The answer, according to new analysis by SeaIntelligence CEO Lar Jensen, on behalf of the Baltic Exchange, is most likely to be around February’s Chinese New Year holiday, due to the paucity of options available to ...
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