Peter Sand
New Export Orders’ rise to 48.4 in July is not enough to stage a recovery
While China’s New Export Orders PMI sub-index reached a 6-month high in July, a sustainable recovery for the global container shipping industry is not in sight until the COVID-19 pandemic in under control in Europe and North America. Explore this week’s “Shipping number of the week” from BIMCO:
Shipping number of the week:
New Export Orders’ rise to 48.4 in July is not enough to stage a recovery
China’s New Export...