Container shipping can see ‘green shoots’ of freight demand recovery
Some liner services are reported to have full ships again, container spot rates have stabilised, ...
Fine analysis from Drewry, along with some fascinating anecdotes, on the troubles facing the Asia-Europe trade, and what solutions may be found. Rates continue to slide – carriers are aggressively quoting, while some shippers are switching from FOB terms to CIF in a bid to take advantage of cheaper rates being offered in China. Ultimately, the answer lies in cutting capacity.
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Container shipping can see ‘green shoots’ of freight demand recovery
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