Freight Rate News November 2015
NOVEMBER 11, 2015
The ramifications of the restructuring of China’s economy, freight innovation, re-shoring, widening the Panama Canal, and the new super-size ships are all covered. Last month’s carrier story was somewhat cynical: global box ship fleets topping 20 million TEUs, driven by carriers trying to escape ramifications of UN emissions regulations. The small crew spent 29 days on the Solomon Islands to New Plymouth NZ leg alone, battling 6 metre swells and 40 knott winds in open seas.