AJOT Newsroom
| November 08, 2022
| Maritime | Liner Shipping
• ‘Companies have slowed ordering (and carriers cancelling sailings) due to low demand and high inventories, demand to bounce back once these inventories exhaust’ - Container xChange Forecaster
• ‘58% of industry professionals polled by Container xChange do not connect declining container rates to global economic normalization in 2022 and further in 2023’ - Container xChange October Poll results
• Probable hike in container storage fee to disincentivize longer staying containers at the depots, word of caution for container owners