Transpac container service closures mount
As spot freight rates on the transpacific trade continue to weaken, the number of service ...
Maritime accidents are usually a long time in the build-up – a collision course set while vessels are hundreds of miles apart; a cargo buried deep in a hold smoldering for days – and then they happen very quickly indeed.
Could the same thing be about to happen to the entire container shipping market?
The current state of play is thus: the eastbound transpacific trade may be half the size of the intra-Asia in terms of volumes, but the far higher rate ...
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