Wed, 14 Feb 2024 22:00:57 +0000
The global shipping industry experienced a significant surge in rates over the past couple of months, as an aftermath of the Red Sea crisis. Three months into this crisis, container leasing rates on the China-US trade route have surged dramatically, rising by a staggering 223%, or threefold, compared to pre-incident levels. Additionally, demand for containers …
Full article: https://www.hellenicshippingnews.com/china-us-container-leasing-rates-rise-threefold-container-demand-recovery-on-the-horizon/