Marginal gains on east-west ocean container routes in a challenging week
Despite the huge uncertainty US tariffs have injected into container supply chains, and its potentially ...
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Shippers negotiating new contracts this year face a major rates dilemma as the maritime industry contemplates a return to using the Suez Canal.
When carriers revert to transiting the canal, the reduction in voyage tonne-miles will begin to expose the overcapacity in the market, pushing a significant downward trend in freight rates, especially on Asia-Europe trades.
Shipping analyst Drewry estimates rerouting round the Cape of Good Hope reduced effective capacity by around 9%, “which has helped carriers once again post some ...
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