Independent journal on economy and transport policy
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Hookham (Global Shippers Forum): the value of sea freight will not fall
Because it should - he noted - given that this year the shipping companies expect to make profits of over 150 billion dollars
November 15, 2021
What happened in 2021 - Hookham wondered - "was an abnormal wave or a permanent increase in sea level? Almost all shipping companies - has noted - they consider that it is the latter. And why they should not - the director of the GSF himself replied - when this year they expect to make equal profits globally to over 150 billion dollars?"
Referring then to the congestion of maritime transport that shipping companies have indicated as the cause of the increase in the price of Hookham said that "without a doubt congestion Maritime will take some time to dissolve, but if - has highlighted the director of the Global Shippers Forum - the "great maritime transport crisis of 2021" proved to be precisely this, then the speed with which the sea freight will obscure the decline in demand will be an indicator crucial level of responsiveness and competitiveness of this market'.
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