The global shipping industry faces an impending era of unavoidable overcapacity, driven by the imminent delivery of colossal new vessels. These mega-ships, each designed to transport 18,000 TEUs or mo
by India-US East Coast Shipping Rates Plummet Amid Overcapacity
The ocean trade lane connecting India and the US East Coast currently experiences significant pricing pressure. Spot rates on this crucial route have fallen to their lowest levels since February. This