Comment / OceanX goes to Mexico! The rates debate has yet to abate

© Patryk Kosmider

Just back from Mexico City, a trip originally planned for March/April 2020 but delayed by the pandemic. Thus, we are dropping the medals this week in favour of a market report.

Following the pandemic and geopolitical shifts, the country has gained greater importance to supply chains. In any concept of “nearshoring” or “friendshoring” of American importers, Mexico plays a vital role today. In addition, the deviation of vessels to Mexican ports during the days of clogged US west coast terminals, has ...