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 ...