OceanX: Lame ducks everywhere – tougher times call for greater confidence
…and bolt-on M&A bonanza
ID 417391
© Ghubonamin
| Dreamstime.com
By Ruben Huber
(Happy Ganpati Festival for our Indian friends! Wisdom and intelligence are indeed needed to get rid of obstacles and venture to new beginnings!)
The turn in spot rates continues with Drewry’s World Container Index (WCI) suffering the largest drop in seven weeks, as disclosed last Thursday, followed by other indexes.
Meanwhile, CTS July numbers still show decent volume growth over 2023 figures, however. And ship sizes are likely to get another bump, with a design for 27.5k teu out ...
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