In the past two years, since the Covid pandemic upended the entire shipping industry, a common refrain has been the all-pervasive lack of vessels to transport cargo available.
As the unprecedented congestion levels afflicting ports worldwide have absorbed all excess capacity, Container Carriers are desperately hunting for additional tonnage (vessels) to augment their fleets and cater to the demand for carriage of containerised cargo.
The combination of heightened demand and scant supply meant...
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