Carriers disappointed as contract talks loom and rate hikes fail to stick
Container spot freight rates this week were virtually unchanged from last week, as planned mid-November ...
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The third quarter was a pretty fat one for liner operators – customers may have been complaining about soaring spot rates and limited space availability earlier in the year, but these dynamics only appeared on carriers’ balance sheets over the past fortnight.
Hapag-Lloyd this week welcomed analysts to its third-quarter earnings – and for some reason it was during the call with chief executive Rolf Habben Jansen (RHJ) that the magnitude of what awaits the industry began to dawn. The next ...
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