How long will the global shipping crisis take to unwind?

How long will the global shipping crisis take to unwind?

Spread the news! According to Sand, BIMCO does not see any easing in the supply-demand crunch until the latter half of next year. When exactly the 12 months unwinding period predicted by BIMCO will start is unclear. “We already for a couple of months have said that 12...
Major Chinese port closes container terminal

Major Chinese port closes container terminal

Spread the news!The world’s largest port, Ningbo, shuts down a container terminal as a worker in the Chinese port tests positive for Covid-19. In the event of another outbreak, consequences could be far worse than Yantian; an analyst tells ShippingWatch. Its too soon...