Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Following the Suez Canal Authority’s decision to offer a 15% rebate on transit fees for ...
Photo: © Yali Shi | Dreamstime.com
Evergreen general manager Wu Kuang-hui said this week that container shipping would continue to feel the impact of the Red Sea crisis and the drought-afflicted Panama Canal for at least a few more months.
He said: “Supply-demand dynamics and vessel arrivals have been distorted by the Red Sea crisis and the Panama Canal drought. This will persist for at least a few months and accordingly, vessel turnaround will face upheavals. So this year, the market can expect dramatic changes, ...
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