Shippers should expect more service disruption in 2024 as container lines seek to manage oversupply and limit losses, says leading shipping analyst

Container lines will use a variety of methods to minimise losses due to the oversupply of vessels in 2024, according to Philip Damas, Managing Director of Drewry Shipping Consultants and Head of Drewry’s Supply Chain Advisors practice. “There will definitely be oversupply,” he told the latest episode of The Freight Buyers’ Club podcast. “It’s a …

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