 | Carriers Calling it Quits in 2025, may Cause Maersk some Trouble, Drewy Says |
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| Rates from Asia to West Coast and Europe almost Down to Breakeven Levels |
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| Container from China Down 21% from August to November |
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| Carriers Said to Now be Scrambling to Meet Provisions of New Ocean Shipping Reform Act |
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| Rates have Hit Rock Bottom, even as Lots of New Ships are on Order |
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| More Ships being Idled as Shipping Demand Falls |
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| Managing Capacity will be Key Challenge |
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| China Lost Volume mostly Going to Other Asian Countries |
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| An Interesting Report from Cushman & Wakefield Packs a lot of Information |
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| Shippers Demanding Large Contact Price Relief as Spot Market Collapses |
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