We are now close to a bottom in the market with expectations depicting a gradual rise in the number of inquiries for cargo movement during the summer months. We should always keep in mind though that things can always be led astray by unforeseen “surprises” which will eventually form the market balance and given that COVID-19 is still very much in the picture, we should remain cautious.
A Press Release Published from Weekly SnP Statistics Report Week 19, 2021 on the Capital Link Shipping Website explains about it.
Click Here to read the full report.
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Source: CapitalLinkShipping