Carriers eye major rate hikes for July, even as port congestion strands 3.4m teu
Congestion in European and Asian ports has kept 3.4m teu of box ship capacity queued, ...
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By Sam Whelan
Terminal utilisation rates are set to increase over the next few years, putting further pressure on the global port congestion crisis.
According to Drewry, handling volumes will grow by an average of 5% a year between 2020 and 2025, whereas capacity will grow 2.5% a year, ...
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