Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
D 19722864 © Scheriton | Dreamstime.com
Who’d be an asset owner, eh?
The choice of whether to nobly suffer the outrageous slings and arrows of fortune or take arms against a sea of troubles… words spoken by Hamlet as he contemplated the pain and sheer unfairness of life might well strike a chord with today’s container ship owners, who are seeing the value of their assets plummet daily.
Returns on investment in new and second-hand vessels are also heading south as the weakness in the freight markets bleeds ...
Comment on this article