Carriers hope price hikes will hold as spot rates fall in CNY doldrums
Despite the muted trading activity since China’s new year holiday began this week, spot rates ...
The completion of a second China-UK sailing by Ellerman City Liners suggests the trend for logistics operators to charter containerships has moved into a more mature phase.
This week saw the arrival of the 2,756 teu Cape Hellas at the port of Tilbury, from the Chinese ports of Taicang and Ningbo, the second Ellerman vessel to call this month, implying that ad hoc box vessel charters are evolving into something that more resembles scheduled liner services.
Ellerman, a long-standing shipping name was ...
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