Asia-North Europe shippers have adapted their supply chains to the longer transit times around Africa, but now they need freight rates to settle at an acceptable level.
Moreover, container hub ports seem to be coping well with the arrival of off-schedule vessels.
All the major carriers, with the exception of CMA CGM, are diverting their Asia-Europe services around the Cape of Good Hope, rather than transiting the Suez Canal, with several temporarily …
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