Key messages for recent developments in container shipping and their impacts on ports:
• Despite volume drops, liner shipping enjoyed spikes in freight rates and made record profits
• This paradox was manufactured via joint withdrawal of ship capacity via blanked sailings.
• This has cascaded to ports, creating challenges related to connectivity, peaks and reliability
• It also raises concerns related to competition
The presentation is available on the International Transport Forum (ITF) website and by clicking the link below: