Arrival of new box ships and fewer blank sailings should ease port congestion
Port congestion should ease as new vessel capacity comes in and Red Sea diversions become ...
But while demand is expected to increase, the supply chain problems that have been prevalent over the past year – port congestion, empty container shortages and so on – will persist, and it is currently inconceivable that freight rates would decline in these circumstances (we warned you in December: “Beware. The ocean freight madness is here to stay“).
Obviously, it cannot go on forever – at some point the ports will clear; more newly manufactured containers will enter the market, as ...
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