Container shipping capacity remains stretched
Jeb Clulow, shipping partner at global law firm Reed Smith, said:
“Container shipping demand, and freight rates, continue to remain very high due to a host of factors, many linked to the pandemic. We are seeing a slew of enquiries related to this, such as whether freight forward/carrier rates remain binding, proposals for inflationary clauses for contracts of affreightment, redeployment from ocean to air transport, re-selling of excess air...
https://allaboutshipping.co.uk/2021/08/04/container-shipping-capacity-remains-stretched/