Alessandra Ronco becomes new CEO of House of Shipping
Supply chain advisory and consultancy provider House of Shipping has promoted Alessandra Ronco (above) as ...
Container spot rates continued their decline this week across most Chinese export routes, prompting ocean carriers to blank more sailings.
The Ningbo Containerized Freight Index (NCFI) today recorded falls on all but five of the 21 routes covered by its composite index, shedding a further 1.7%, to 3,613.9 points.
It said demand on the North European and Mediterranean markets was “sluggish”, resulting in “rates coming under pressure”.
Indeed, all three published indices reflected 4% to 5% decreases in their North European components, with ...
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Comment on this article
Krimo Karim
March 19, 2022 at 9:11 amContainer shipping rates may take 2 years to fall to normal
Searias.com Team
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