LINER SHIPPING: OUT WITH THE NEW AND BACK WITH THE OLD

volume and freight rates.

The vast profits earnt earlier are quickly being spent on ordering new ships with greener engines and investments not directly linked with ocean transport.

alliances as needed to maintain the equilibrium with demand. Well, that went out the window by mid 2022 when the pandemic ended, and demand began to lag as inventories were cleared out as the economic environment became foggy.

The first sign that something was amiss came with the message from Maersk and MSC that they will not be renewing their alliance agreement. It came