Reported 11 months ago
Sunshine Maritime (2609) indicated at a press conference that global shipping is still affected by various external factors, with strong demand continuing into the third quarter starting from July, as containers remain scarce. The company mentioned the imbalance in supply and demand, particularly in the manufacturing sector, with shipping prices rising in response to the high demand from Europe and the United States due to end-of-year holiday shipments. The geopolitical situation and container availability uncertainties further complicate the market, with external factors like container shortages, vessel congestion, and port congestion contributing to the confusion in the market.
Source: YAHOO