Transpacific set to see record level of ship capacity in July as rates crash
The transpacific trade continues to descend into something akin to chaos – with major deepsea ...
Japanese ocean carrier Ocean Network Express (ONE) reported an operating loss of $248m for the final three months of 2023, which it attributed to lower freight rates and a surge in the delivery of newbuild ships.
But the carrier expects to return ...
Transpacific set to see record level of ship capacity in July as rates crash
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