Analysts: There is risk of prolonged downturn for carriers

Freight rates have returned to levels found prior to pandemic. Even though the worst decreases have been curbed, there is risk of a long-term downturn, analysts warn.
Photo: Michael Macor/AP/Ritzau Scanpix
Photo: Michael Macor/AP/Ritzau Scanpix

Major carriers are facing a similar conundrum to before the pandemic: There are too many vessels at sea compared to customers’ freight demands.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading