Carriers put on a brave face amid further decline in ocean spot rates
Container spot freight rates on the main east-west trades saw another week of declines, although, ...
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© Jakraphong Suwannatrai
| Dreamstime.com
The longest H1 24 break in the Western world upon us*, is there a tasty surprise in the Easter Egg for the ocean carriers?
(*Thank God, for that and other more important reasons; introspection at the bottom.)
Last week
When our shipping guru Mike Wackett wrote about Taiwanese carrier Wan Hai, he notably flagged that it “could be turning the corner in its quest to return to profitability, reporting a 21% year-on-year growth in revenue last month.”
That’s catchy but there are even better ...
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