CONTAINER CRISIS
RATES SCALE NEW HEIGHTS As one carrier tries to stem the tide
These are unprecedented times for liner shipping. A faster-than-expected recovery from the global pandemic has led to super high freight rates, incidences of serious port congestion and a general lack of available slots and tonnage. How to resolve this? Capping freight rates, deploying non-container ships to carry boxes or going breakbulk? There are no easy answers.
8 Caribbean Maritime | October- January 2022