Reported 8 months ago
A recent surge in container shipping capacity and rates has led to conflicting views on the future of the industry, with some predicting a correction in prices due to increased capacity and others remaining optimistic due to continued disruptions like the Suez Canal incident. While some expect prices to rise further in the short term, concerns over potential oversupply in the market remain, especially with early signs of peak demand in the shipping industry.
Source: YAHOO