November 9, 2022
by YODELSHIPPINGCO
by YODELSHIPPINGCOChinese freight carriers fear further price declines when new container ships take to the seas next year
- Shipping rates are likely to fall next year when freight operators take delivery of new vessels, say carriers at a major trade fair in Shanghai
- Freight rates have plunged by as much as 90 per cent in the last year from unprecedented highs when the pandemic disrupted supply
Updated: 1:32pm, 9 Nov, 2022