World Maritime News (59)
June 28, 2023
Topics on the container shipping market Expectations of a "stabilization" of container shipping have been overplayed, and the market is now as good as it gets, according to Vespucci Maritime chief executive Lars Jensen. "This market was never stable, and it was never normal," he told an audience at the TOC Conference in Rotterdam. "If you look at spot rate variations in the decade before the pandemic, it was not uncommon for them to change by a factor of three. We also regularly have port strik