China considers measures to increase capacity and stabilize container rates

China is breewing on a series of measures aimed at stabilizing the market and rates in container freight, says a spokesperson according to Lloyd's List. The update comes shortly after the Chinese government announced aid for, among others, container makers.

Photo: Earnie Grafton/Reuters/Ritzau Scanpix

China is once again stirring in the issue related to the red-hot container market.

This time China is breewing on a series of measures aimed at stabilizing the market for container freight, which has in the past many months been under enormous pressure due to a shortage of containers and towering freight rates, says a spokesperson from the Chinese Ministry of Commerce, according to Lloyd's List.

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