Container

Italian shipping company pulls the plug after just two years in business

The container shipping company was founded at the peak of the pandemic’s freight chaos. Now it has filed for bankruptcy protection.
Firms including IKEA and Lidl took to the waves during the pandemic. | Photo: Dinuka Liyanawatte/Reuters/Ritzau Scanpix
Firms including IKEA and Lidl took to the waves during the pandemic. | Photo: Dinuka Liyanawatte/Reuters/Ritzau Scanpix
by NIKLAS KRIGSLUND

Another small shipping company that emerged during the pandemic is throwing in the towel now freight rates have plummeted.

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