ShippingWatch

Major container line deflates hopes of imminent resolution to container shortage

The significant challenges currently plaguing the container market with bottlenecks and equipment shortages will last several more months, says one of the world's biggest container lines, HMM. This announcement comes just one day before Maersk is expected to address the situation in connection with its annual report.

Photo: PR / Port of Hamburg

It could be a while before the bottlenecks plaguing the container industry are solved, projects South Korean container line HMM.

An over-heated container market has for months caused large-scale bottlenecks. One result of the current market situation is the ongoing accumulation of container ships lining up outside major ports on the US West Coast. Meanwhile, soaring demand has led to a significant shortage in empty containers to transport the goods in.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs