“ You can’t flick a switch ” and reorganise global shipping, said Aldwell, who expects the diversions to cause a shortage of vessel space, strand empty containers needed for China exports in wrong places and send short-term transport price indexes sharply higher....
Marco Castelli, who is based in Shanghai, has been trying to rebook three containers of Chinese-made machinery components bound for Italy.“ Transfer my situation to a large corporation and you get what’s going on, ” he said....
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2023-12-29 00:00:00.0