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 massive 15,500 TEU E-class containership EVELYN MAERSK caught on video departing the Port of Hamburg on the Elbe River bound for Bremerhaven, Germany, June 15, 2015.
Maersk’s ‘E-class’ containerships, beginning with the Emma Maersk, were once considered the world’s largest from 2006 until late 2012 when the CMA CGM Marco Polo took over the title.
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