New dramatic slides in the container rates between the Far East and North Europe, a new heavy lift carrier based in Hamburg, and the consequences of the plummeting oil price in the oil industry and tanker market characterized the past week on ShippingWatch.
BY OLE ANDERSEN
Has anyone seen the bottom?
Is there even a lower limit to how far the prices for transporting a container from Asia to North Europe can fall? For the past 11 weeks, this has not seemed to be the case, and the rates dropped even further in the past week to a new all-time low.
Danish Lars Rolner is behind the new heavy lift carrier United Heavy Lift in Hamburg. In an interview with ShippingWatch, he explained why he decided to launch the carrier in the midst of a crisis, and he talked about his ambitions for the company.