Global Port Congestion, High Shipping Rates Will Linger Into 2023

Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday, urging charterers to switch to long-term contracts to manage shipping costs.The COVID-19 outbreak has lengthened ship delivery times since 2020…

Capt. John

https://www.marinelink.com/news/global-port-congestion-high-shipping-497407

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