Few blank sailings have been announced for January, and none this week, as shippers in Asia get their cargo on the water ahead of China’s Lunar New Year factory shutdown.
The deals for nine feeder container ships and four multipurpose and heavy-lift ships total about $490 million, according to Cosco and shipbrokers.
While the new delay — on products reliant on wood imports — provides a respite for importers of the affected goods, it prolongs for another year a period of uncertainty over how tariffs might impact the cost of what they sell.
