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As container shipping’s rollercoaster year continues a steep climb, one senior carrier executive has declared: “We’re sold out.”

Jeremy Nixon, CEO of Ocean Network Express (ONE), said 2020, with global lockdowns and subsequent swings in demand, had been an “incredible year”.

“I don’t think we’ve ever seen anything like this,” he said during an International Chamber of Shipping webinar.

“China went down [with the virus] very, very fast, and then, just as they were getting better, we had destination countries going through the same ...

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