Marine Link
Tuesday, July 16, 2024
Maritime Activity Reports, Inc.

Spot Rate Plunge, Blank Sailings Plague Container Carriers

Posted to Maritime Reporter TV (by on October 5, 2022

In what is the traditional busy season for ocean container carries, the market is ‘a mess’ according to Peter Sand, Chief Analyst, Xeneta with blank sailings, a free-fall in spot rates putting shippers in the driver’s seat.