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The number of cellular container vessels sold for recycling roughly halved last year, compared with ...
As scarce shipping capacity forces more Australian shippers onto the spot market, rising container detention costs are piling more pressure on supply chains.
According to the Container Transport Alliance Australia (CTAA), cargo owners are already dealing with shipment delays, rolled cargo, equipment shortages and unprecedented freight rates.
Now, as the industry heads into peak season, CTAA says, one “insidious consequence” of the capacity squeeze is container detention costs imposed by shipping lines.
“Even major forwarders and importers are being forced into the spot ...
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