3min chapter

Odd Lots cover image

Why Tracy Can't Ship a Teddy Bear from Hong Kong to the U.S. Right Now

Odd Lots

CHAPTER

Shipping in the Far East

Bulk ship operators, and im using the term term operators rather than owners here, are often not the actual owners of the ship. But they take t ships that they are using on time charter. Essentially they're renting those ships. So we have a situation at the moment where the handy size market, which is a handy size market rate for ships. That 65 dollars doesn't make economic sense any more. And we're seeing some very, very serious problems and delays with ship operators that that are not performing because of this rited.

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