Meltdown in the Container Shipping Market Continues

November 8, 2022

Facing global economic headwinds, the volume of containerized cargo movement continues to plummet, Peter Sand, Chief Analyst, Xeneta, summarizes: “It is clear that the carriers are no longer in charge, the shippers are.”

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UN agency works to restart Hormuz Evacuations after Ship Attack
There are some flights to the Middle East that have resumed but there is still disruption.
Fertilizer shipments start leaving through the Hormuz Strait