Shipping & Logistics

Spot container rates slide amid shipping stocks rout

Billions are wiped from the value of the container shipping sector as investors worry over the impact of worsening economic climate.

Container shipping companies have seen billions wiped from their values. — Container shipping companies have seen billions wiped from their values.Photo: Lucas Jackson/Scanpix

Published 23 June 2022, 11:56Updated 23 June 2022, 13:03

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