Ocean freight rates set to stay elevated until 2023
Posted on 15th April 2021 at 18:06

Ocean freight rates set to stay elevated until 2023
Ocean freight rates look set to stay elevated for another two years, as disruption continues to restrict capacity and with new vessel orders remaining relatively low until at least 2023, according to container shipping analyst Drewry. But it believes things may not be so easy for carriers after 2022, as a flurry of new orders in the last few months is set to change container shipping’s supply-demand dynamic.
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Tagged as: Containers, Exports, Freight, Freight Rates, Imports, Logistics, Ocean Freight, Sea Freight, Shipping
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