No Golden Week For Containers – S&P Platts Container Update, September 2019 — Panjiva
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No Golden Week For Containers – S&P Platts Container Update, September 2019

Corp - Shipping 1030 Energy - Bunker Fuel 91 Global 1392 Mode - Containerized 1525 Mode - Seaborne 1846 Theme - Rates 240

The container industry suffered yet another lackluster month in September. With the prospect of the Chinese Golden Week break and the new International Maritime Organization 2020 sulfur cap looming large over the market, rates have struggled to improve. Thrown into the mix is of course are the same geopolitical issues that continue to dog the market on the key trade lanes. Ongoing tensions between the US and China, which have been leaving rates weaker on the trans-Pacific lane, and Brexit dominating the landscape in Europe, have left many shippers concerned. To manage these falling ra...

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