No tarnish from Golden Week – S&P Global Platts container update, September 2020 — Panjiva
MENU

Supply Chain Research

No tarnish from Golden Week – S&P Global Platts container update, September 2020

Corp - Shipping 976 Energy - Bunker Fuel 90 Global 1389 Mode - Containerized 1468 Mode - Seaborne 1801 Theme - Rates 234

Expectations of a drop in container shipping rates heading into the Golden Week holiday appear to have been confounded. Demand for shipping services has remained robust, shown by a 16% year over year surge in U.S. seaborne imports in the first half of September, while complications from the positioning of empty containers remains a challenge. The container-lines have a fine line to walk with a desire to keep rates high ahead of the annual contract round on the one hand and avoiding antitrust interventions on the other. The firms will also have to deal with a potential no-deal Brexit and ...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.