December 1, 2020

Global Container Shortages

Container shortages are being felt across the globe with the Oceania market suffering congested empty container parks and no sweeper vessels being sent in to evacuate the empties.

The USA has seen a 27% increase of TEU into Los Angeles compared to same time last year. With container levels low in China many markets are seeing surges in rates. Please read on for an article from the Lloyd’s List describing some current challenges.

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