The ocean shipping industry is aware that the current market is, for a lot of importers and exporters, profoundly upsetting. It’s no secret that there are a lot of problems right now. There are three main reasons why: ship operating costs … [Read more...]
Ship operating costs up 773%, demand up, supply up, congestion up, shipper propaganda up
Current market conditions are caused by a huge surge in the demand for container transport. On the supply side, box port congestion and poor container port performance are reducing the supply of shipping. The costs to operate a ship are … [Read more...]