The global markets for containerized freight have entered even deeper water in recent weeks, with closures at the key port of Ningbo-Zhoushan in China leading to worsening cargo delays, port congestion and a further cutback in free days.
This latest setback to containerized shipping has led to greater difficulty for anyone involved in buying, selling and arranging containerized cargoes of metal in the past week, sources told Fastmarkets on Wednesday August 25.Virus-related disruption was becoming a factor of which market participants were...