Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
© Bennymarty
I have been asked this week whether I agree with shipping consultancy Drewry, which highlighted on Monday the strategic changes occurring in the ailing container shipping industry.
Quite frankly, I understand the narrative, but my take is rather different.
Luxury
The opportunity to research, develop and implement a new corporate strategy would be a luxury now for any carriers with financial accounts in good order – but there is not a single one on the planet, essentially. And specifically with regard to new projects, ...
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