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No one wants to pay for supply chain resilience

Vespucci Maritime’s Lars Jensen says the past 40 years of efficiency gains have left shipping with no spare capacity when supply shocks happen. But ‘resilience’ is just another word for overcapacity

More consolidation and bigger ships likely on regional trades; Box port congestion will sort itself out and government intervention unwelcome; Blank sailings are here to stay because they work, Terminal Operating Conference told

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