Liner oversupply problem being masked by Suez Canal diversions
The Red Sea crisis, driving extended voyage times around Africa, is creating simulated cargo demand ...
With the IMO 2020 low-sulphur fuel regulations looming, containership owners are keen to offload as many older gas-guzzling vessels as possible, with the current high scrapping rates providing added incentive.
According to London-headquartered shipbroker Braemar ACM, 12 vessels with a capacity of 36,000 teu have been ...
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