ShippingWatch

NTG struggles to find room on board container vessels

The chaotic container market is causing "major issues" at logistics companies like NTG in terms of finding capacity on board container vessels, the CEO tells ShippingWatch.

"In ocean, we're having major issues as far as finding capacity, just like the rest of the industry," CEO Michael Larsen tells ShippingWatch. | Photo: PR / NTG

The freight forwarders at NTG are busy trying to find capacity on board the container carriers' vessels in a year marked by chaotic global supply chains, reports CEO Michael Larsen in an interview with ShippingWatch following the transport company's half-year results.

Like its competitors, NTG is benefiting from the overheated transport market, which has persisted throughout 2021 so far. On the ocean freight market especially, there is no indication that a stabilization of the extraordinary market conditions will set in any time soon, the company says.

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