The cycle returns
EVERYONE was so good for so long – at least in shipping terms – and kept capacity tight so that rates might make a meaningful contribution to carrier well-being. But this is the container game, so it was never going to last for long.
That itchy trigger fingers stayed still for six or more months is either a credit to cool heads or, more likely, a measure of the fiscal fragility of lines that couldn’t afford to lose millions more scrapping over available cargo. If you are already a subscriber, please sign in below. If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here. Alternatively, click here to subscribe.This full article is available to Lloyd's List DCN subscribers only.




