Container rates keep climbing while shipping lines deploy more ships
There seems to be a paradox unfolding these days, as rates on the Pacific are headed for record highs, while shipping lines are rushing to redeploy ships. Consumer behavior has changed completely, notes Sea-Intelligence.
Container lines are currently facing a paradoxical situation, in which they are largely reinstating the fleet they pulled from the market in spring due to the outbreak of coronavirus. Meanwhile, rates are high and appear to continue their climb.
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