China Eyes Stabilizing Prices in Container Shipping Market

  • China’s Ministry for Commerce to step in to stabilize the container shipping market.
  • Ministry is in talks with the ministry of transport and other related departments to adopt measures to increase shipping capacity and stabilize freight rates.
  • Media speculation indicates shipping lines could be called to a series of meetings to discuss the container shortage and high rates.

A LoadStar news reveals that China is taking adequate steps to stabilize the container shipping market.

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