Geopolitics now trumps supply and demand in box shipping, says KOBC

Geopolitics will have a greater impact on container shipping in the foreseeable future, than pure cargo supply and demand, according to the Korea Ocean Business Corp (KOBC). The ship finance institution’s report says that, in response, shipping lines are moving towards a system “focused on supply chain stability and flexible networks”. It noted that in November 2023, as the Red S Read full article →