Soaring box lines make market cap hay, but nowhere near C-19 highs for most
If the CAP fits…
Growing volumes between China and South-east Asia propelled first-quarter intra-Asia container trade figures.
However, shipping lines are struggling to capitalise as freight rates remain low despite modest gains.
According to Drewry, provisional Q1 intra-Asia data from Container Trade Statistics shows a “prodigious” 23.5% year-on-year jump to 10.8m teu.
“All the ...
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