Weakening ocean market not yet in shippers’ favor: analysts

Container shipping trades out of Asia will continue to slow through the second half of the year as the global economy contracts, but carriers and analysts say it will be a gradual weakening of demand and rates rather than a sharp drop.

Container shipping trades out of Asia will continue to slow through the second half of the year as the global economy contracts, but carriers and analysts say it will be a gradual weakening of demand and rates rather than a sharp drop.