Confidence is being “eroded” and the relationship between the shipping lines and their customers is becoming increasingly strained according to the European Shippers’ Council (ESC) as lines announce more vessel cancellations and rising rates.
THE Alliance, a shipping alliance composed of Hapag-Lloyd, ONE, Yang Ming and HMM, has announced its November service adjustments, including void sailings following the German carriers’ announcement on 15 October that it would raise rates.
Regulatory...
https://container-news.com/shipper-anger-as-the-alliance-adjusts-november-schedules-on-higher-rates/