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Container Shipping Quagmire Continues

December 11, 2023

Calling bottlenecks at the Panama Canal chokepoint a ‘slow burning disaster’, with one vessel operator reportedly paying nearly $4 million to ‘jump the line’, Peter Sand, Chief Analyst, Xeneta, examines the key market trends that will drive the container shipping sector in 2024.

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Hapag-Lloyd Incurs Significant Weekly Costs Due to Ongoing Middle East Conflict

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