 | 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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| Some Observers See Talks Stretching into 2023 |
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| Bank HSBC Sees 80 Percent Fall in Profits after Two Boon Years |
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| CMA CGM CEO Sees not a Strong Drop in Demand but Rather a Soft Landing |
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| Among other Actions, Gartner Recommends Keeping Up Spending on Innovation, Talent, and Technology |
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