Container lines still ordering more ships, despite falling spot rates
Liner operators and non-operating shipowners have continued to add to their already swollen orderbooks, despite ...
Israeli carrier Zim is pressing ahead with entering the Asia-Australia trade despite the high levels of container congestion being witnessed at its main gateway ports.
After weeks of industrial action, coupled with bad weather that has affected shipping schedules and a mounting trade imbalance, Australian ports, particularly Sydney, are struggling to clear a severe cargo backlog.
However, Zim announced today that it will launch its new China Australia Express (CAX) service in the middle of next month, with an 11-day transit time ...
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