Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
As CMA CGM appears to double down on its strategy of investing in liquified natural gas (LNG)-powered box ships despite a new report from the World Bank that called into question LNG’s potential to fuel a shipping industry that is urgently searching for technical solutions to radically reduce its greenhouse gas emissions (GHGs).
If the report is correct, it will raise doubts over $10bn of investment (including estimates of the value of the latest 12 LNG-powered vessels ordered by CMA CGM) ...
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