Price war in sight: will ship transporters wean off their fleets? John Carpenter | 25 Apr 2023
While China is still being seized by Covid-19, which takes not only China's economy hostage, there are too many cargo ships but no cargo to be transported. The market faces many challenges now, even the biggest players in the transport game are thinking about weaning off part of their fleets. Is that the right solution? Will a price war skyrocket the costs of transport?