Hapag-Lloyd
ID 131761587 © Alexey Novikov | Dreamstime.com

Carrier expectations of a rule-enforced ship-scrapping bonanza – and capacity reduction of around 10% – are “overblown”, according to consultant Alphaliner.

It says this will put shipping on course for a period of overcapacity and low freight rates.

Predictions from some carriers that the IMO’s new carbon ...

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  • Rajeev Kathuria

    November 27, 2022 at 11:15 am

    Per below with the Demand came down by almost 30% Globally and the Capacity is Building up due to Large Order Book
    Ocean carrier are Struck in the vicious Cycle, as if they have keep picking up the Cargo & Big carrier will have to Push hard to fill & Small Carrier will have the Difficult time to maintain the Revenue Stream.