Tough times for Australasian container shipping as trade war ripples spread

Australasia’s container supply chains have had a difficult first half, with trade war contagion signalling a fresh downturn on the horizon.
“The container shipping market within Australia and New Zealand has had a mixed year thus far, as we come into the peak import period,” noted Greg Paradine, Oceania product manager at Maersk.
He said the carrier had seen a number of macroeconomic and environmental forces impact the market, resulting in both …

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Source: The Loadstar

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