Jury still out on benefits of index-linked contracts for shippers
Freight index platforms are keen to push index-linked agreements (ILAs), but there are questions about ...
By Mike Wackett
The current acute shortage of boxes on many tradelanes has exposed the lack of investment by carriers in their container fleets.
Drewry estimates that by the end of the year the global stock of containers will be 42.4 million teu, down 1% on 2019.
In comparison, Alphaliner expects the containership fleet to have grown by 3.5%, to reach capacity of 24.05m teu.
Slow-steaming and the ‘new normal’ of port congestion has considerably extended the time needed to recycle equipment. The latest reports coming into ...
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