Shippers are increasingly seeing their cargoes being shipped by other vessels than originally planned due to the global shortage of empty containers, shows a new analysis by Ocean Insights, a German analyst and consultancy firm for shippers.
The lack of empty containers has been a hot topic in recent months. Following the coronavirus crisis, demand for Chinese goods has soared, leading to a significant jump in demand for container freight. But this demand shift has led to equipment shortages in several places around the world, ultimately causing problems for the shipping lines' customers.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from ShippingWatch
A trader at KPI Oceanconnect, a subsidiary of Bunker Holding, has been charged with alleged corruption totaling at least USD 191,250 as rewards for nominating Straits for the supply of bunker fuel to KPI's customers. The employee has been suspended and his contract terminated, the company informs ShippingWatch.