Ocean capacity is rising, demand is cooling, and 'the market is starting to turn'
Container spot freight rates on the main east-west ocean trades showed their first decline since ...
© Darryl Brooks
French mainline operator CMA CGM has ordered more new vessels, putting pen to paper for eight 9,200 teu methanol-propelled containerships at Shanghai Waigaoqiao Shipbuilding (SWS) in China.
SWS’s immediate parent, China CSSC Holdings, said in a Shanghai Stock Exchange filing yesterday “a European customer” had commissioned ...
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