Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
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Another rather lacklustre month draws to a close in the container market for September, in what has been a recurring theme this year.
With the prospect of Chinese Golden Week and the new International Maritime Organization 2020 sulphur cap looming large over the market, rates have been reluctant to rise.
Thrown into the mix, of course, are the same geopolitical issues that continue to dog the market on key tradelanes – ongoing tensions between the US and China, which have been leaving ...
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