4min chapter

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The Global Shipping Crisis Is Not Over | Sal Mercogliano

Forward Guidance

CHAPTER

The Fall of Container Shipping Rates

The tanker market, those rates are still very high, but we are seeing some falling in dry bulk and container shipping. But they're not falling as much as some had anticipated. I think the biggest one you see falls in is containers because containers were at Mount Everest. The ocean carriers got into the shipbuilding race where the container companies started building these mega ships.

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