Time and tides wait for no-one and, so it seems, after the flood comes the ebb tide.
Shipping lines seeking renewal of contracts with customers are looking to lock shippers into long-term deals while the fevered market continues to rage.
However, some shippers are questioning the logic, as 2021 comes to an end, even with rates riding high, full ships, a capacity restriction imposed through congestion at major destination ports and a …

The post Ocean carriers under pressure target long-term contracts in febrile market appeared first on The Loadstar.

Source: The Loadstar