" GRAIN&MARITIMES DAYS ONLINE -2020"
DATE
May 28, 2020

In 2020, cargo traffic in the ports to fall and the competition rates to intensify — Port Clearance

Source

APK-Inform

9820

In 2020, cargo traffic volumes in the ports will possibly reduce, which will have the major impact on containers shipment, as well as the competition rates on the cargo transportation market will intensify, declared the CEO at Port Clearance LLC, Alexander Gladilin, within frames of the online-conference Grain&Maritime Days Online, on May 29.

Given the information received from various global sources, the lines demonstrate a very serious disbalance and deregulation of equipment, due to the fact that the quarantine restrictions were imposed in different countries in rather random way, at different periods, and many container players came to a standstill of sufficient volumes of equipment in certain countries, the expert explained.

Therefore, it is possible that in the second half of 2020 the market will face some problems with the availability of containers.

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