Container lines on brink of cashflow crunch
Global carriers are still being paid for freight shipped from Asia before China shut down factories, but now face a hole in their finances as the impact of blanked sailings and reduced volumes starts to be felt
The recovery in containerised exports from China may prove short-lived as retailers in North America and Europe respond to a slump in consumer spending, with serious consequences for container lines that had been hoping for a return to relative normality during the summer
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
E: subscription.enquiry@lloydslist.com
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Request Demo