With a global capacity surplus in the offing, or already biting, now is a great time to invest and move capacity off surplus trades, writes Jeremy Masters.
The difficulties have led to transshipment delays and rolled cargo, which has caused increased yard density at some ports that has exacerbated delays, shipping sources say.
The incident has sparked a wave of claim filings from individual shippers and state authorities against the world’s largest container carrier, resulting in arrest orders for as many as five sister ships thus far.