Ocean capacity is rising, demand is cooling, and 'the market is starting to turn'
Container spot freight rates on the main east-west ocean trades showed their first decline since ...
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By Mike Wackett
Despite the considerable disruption to container shipping caused by the Red Sea crisis, consumer demand remains weak and, at the same time, the liner industry is heavily oversupplied with capacity.
Indeed, analysts believe the huge spikes in east-west spot rates since December have been driven, for ...
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