Low Bunker Price the Only Advantage for Carriers!

The Covid-19 crisis has – and will continue to – hit the container shipping market hard, and the current economic situation provides no hope for a short-term recovery, writes BIMCO CEO, Peter Sand, in an article published on their website

Demand drivers and freight rates

The coronavirus pandemic looks set to continue to hammer container shipping demand. While the lower demand that came when China shut down much of its manufacturing in February has passed, it was been replaced by a demand shock,...

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