Ultra large box ships and the distorted shipping cycle
Received wisdom – are the wheels coming off?
As the imbalance between supply and demand widens, container lines trading in the Indian market say they have made every effort to better manage shipper expectations, propelled by the resurgent global sourcing for Asian goods.
Echoing that sentiment, Sunil Vaswani, executive director of the Container Shipping Lines Association (CSLA), told The Loadstar liner operators substantially boosted equipment availability and vessel capacity levels over the past year to aid Indian export growth.
“About 1.7m teu of empty containers have been repositioned into the country ...
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