Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
© Khunaspix Dreamstime.
Olaf Merk, the OECD’s expert on shipping and ports (writing here on his personnel blog, rather than as part of his day job) questions the future for CMA CGM and its terminal operating subsidiary, Terminal Link, in the context of the French government’s decision to take 100% control of its STX shipyard, and CMA CGM shareholder Robert Yildirim’s wish to sell his 24% stake. His suggestion is that this could be the beginning of a pan-European answer to China’s emerging desire to ...
Comment on this article