Additions to the already high freight rates, congestion in Mediterranean ports and exporters who have to wait for their cargoes to be shipped, as well as long delays in moving thousands of empty containers to Asia.
Although the blocked Suez Canal will soon be passable again, there will be strong repercussions in the container market over the next 2-3 months, predicts shipping analyst Lars Jensen, CEO of Seaintelligence Consulting.
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