The current market environment continues to remain incredibly volatile, with freight rates at all-time highs, pandemic-induced staff shortages and extreme congestion at major ports, all contributing to what has been a fragile situation for over a year. We take a look at what July holds.
The Yantian port disruption is yet another challenge to global shipping this year, with the Covid-19 outbreak causing further disruption, increased congestion and more vessel delays.
Damage to more than two dozen containers and injuries to three staff occurred after a gantry crane collapsed at the Port of Kaohsiung in Taiwan last Thursday.
We take a look at the industry latest, with updates on the Yantian Port, how India's logistics sector are coping with Covid and freight rates across the market.