Wan Hai general manager, Tommy Hsieh, has sought to calm concerns that the container market could be heading for a slump amid falling rates, says an article published in The Loadstar.
Expecting peak seasonAt a press briefing today, Mr Hsieh said that the current softening is largely due to China’s zero-Covid-19 policy and the resulting lockdowns, especially with port city Shanghai locked down from March to June.
He said: “Please don’t feel pessimistic. The peak season for intra-Asia shipping is...
https://mfame.guru/intra-asia-shipping-peak-will-lift-the-market/