While ocean carriers can be said to be having a “good” pandemic, largely due to their aggressive capacity management programmes to mitigate its impact, most other stakeholders in the supply chain are having to adjust to lower volumes and consequentially reduced earnings.
The North European hub ports are on the front line of the contraction in demand and have reported significant throughput declines for the second quarter.
The port of Hamburg’s half-year …
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Source: The Loadstar