The easiest answer to ‘how high can rates go?’ would be to point to the maximum level seen during the pandemic. – Sea-Intelligence.
Smugglers have been nabbed with counterfeit clothing and illicit alcohol cargo at the country’s ports of entry over the past week.
One of the concerns is the doubling of trade restrictions since the pandemic.
A number of employees could be retrenched through the implementation of early retirement, voluntary severance, and natural attrition measures.
The capesize index dropped by 58 points, or 2.1%, to 2,726, marking its lowest level since May 29.
Regional port congestion has created bottlenecks, slowing down the movement of goods and increasing operational costs.
This increase in digital bookings is credited to the rising use of eBooking platforms.
