For at least three decades, the container shipping industry has been locked in a recurring boom-and-bust loop. During times of strong macroeconomic growth, shipping rates would soar and container ship operators would reinvest their profits in new, ever-larger vessels. Then the economy would slide into a downturn, demand would plunge, rates would tumble, and operators …
The post 2021 Container Shipping Report: Carriers Have A Chance To Break The Cycle. Will They Take It? first appeared on Hellenic Shipping News Worldwide.