Experts expect that the ongoing diversion of carrier vessels around the Cape of Good Hope will lead to a further shortage of shipping capacity, at least in the short term. The situation could ease soon, but before things get better, market participants must prepare for a deterioration, according to the international logistics platform Flexport.
Market experts told EUWID in mid-January that there were still significant disruptions and obstructions in recovered paper exports to Asia. It was hard to book a container and get a quote and arrival dates confirmed, they stated....
