High Shipping Costs Are Here to Stay Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
The new build contract has apparently not yet been signed yet, and CSCL did not mention which yard might be awarded the contract.
DSME in Korea is the only shipyard in the world building container ships of that size.
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