News / Ocean carriers determined to hang onto containers as supply tightens

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To facilitate the extra ships taken on charter due to the Red Sea crisis, ocean carriers have put a temporary moratorium on selling any containers, as well as pausing the return of equipment to lessors.

With the exception of in some isolated trades, carriers have largely been able to manage the supply of equipment across their networks, due to prompt evacuation and judicious container control; however, supply remains tight in certain regions, including India, as reported by The Loadstar yesterday.

And carriers ...