Container shipping pricing power trailed the market. COSCO doubled down
COSCO’s realised rate jumped 12.3% in Q2. The market rose 19.5%. Then COSCO committed USD 2.688 billion to twelve ships. The recovery was real. So was the gap
COSCO’s realised rate jumped 12.3% in Q2. The market rose 19.5%. Then COSCO committed USD 2.688 billion to twelve ships. The recovery was real. So was the gap