'A bit of a cool-off doesn't really harm': Container prices continue falling, but shipping industry doing just fine

For two years following the onset of the pandemic, the seafood industry and many others suffered from soaring shipping rates, reduced shipping options and fallout from port congestion as they battled for space aboard vessels.

MPC Container Ships’ Constantin Baack (left) and Atlantic Lloyd’s Ulrich Paulsdorff at the TradeWinds Shipowners Forum Germany on 8 September in Hamburg.
MPC Container Ships’ Constantin Baack (left) and Atlantic Lloyd’s Ulrich Paulsdorff at the TradeWinds Shipowners Forum Germany on 8 September in Hamburg.Photo: Patrick Lux
Published 13 September 2022, 19:48Updated 13 September 2022, 19:48
Ukraine crisisInflationContainer shipping crisis