Against the odds: Mærsk, MSC, CMA CGM & Hapag – 'Houston, we've a problem'
Too much money to handle
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 ...
Shock for carriers as spot rates fall below long-term contract prices
Another strike at major German ports as pay negotiations break down again
New rules mean the end is nigh for the passenger freighter
Shipper accuses Yang Ming and HMM of collusion and profiteering
Explosion at Aqaba Port kills 14 after crane drops container of chlorine gas
China's air cargo capacity is back to normal, but demand is weak
Hi-tech majors now see more investment potential in Vietnam than China
Cainiao launches China-USWC service, with guaranteed 30-day arrival
Comment on this article