Ship owners face losses as freight rates keeps dipping | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Dipping freight rates, after more than two years of skyrocketing costs in a pandemic-disrupted supply chain, apparently sunk beyond the comfort threshold where shipping operators are now counting losses. As sea freight transport continues to decline globally due to the Russia-Ukraine war shocks, freight charges continue to decrease.