Drewry: East Mediterranean hubs struggle amidst lingering Red Sea crisis
NewsThe re-routing of mainline vessels via the Cape of Good Hope has led to a significant downturn in vessel call capacity at East and Central Mediterranean hub ports.
Container contracting must change, Drewry tells BCOs
London-based Drewry Supply Chain Advisors’ latest research claims that running traditional and competitive bids with a large number of carriers will no longer guarantee competitive rates, as the number of large lines has declined, and the market is less well supplied with tonnage.
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