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Container shipping poses threat to global recovery, says GSF

The shortage of container vessels and equipment is hindering economic recovery in countries emerging from pandemic restrictions, say the Global Shippers Forum (GSF)and MDS Transmodal in their latest Container Shipping Market Quarterly. GSF secretary general , James Hookham, said that shippers around the world “are in a state of shock” at the collapse of service performance and the remorseless rise in rates. The latest data confirms the anecdotal experiences of shippers ... [+]

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