Ocean shipping market warily eyes peak season dynamics

Those hoping for clarity on which market dynamics will be at play during the upcoming peak shipping season will need to wait a while longer for the answer, analyst Lars Jensen writes.

The share of non-alliance services operating between Asia and the US West Coast is now 29 percent, up from 19 percent prior to the pandemic. Photo credit: Shutterstock.com.

Those hoping for clarity on which market dynamics will be at play during the upcoming peak shipping season will need to wait a while longer for the answer, analyst Lars Jensen writes.