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Top shipbuilders in China and their overseas competitors are expected to rapidly build new carriers of liquefied natural gas in the years ahead, spurred by soaring rates to ship LNG amid tight global energy supplies, industry experts said on Wednesday.
Tight shipping capacity and high freight rates will continue to dog the global market this year as there is still no end in sight to the impact of the COVID-19 pandemic on the world’s supply chains, said the top executive of China International Marine Containers (Group) Ltd, or CIMC, the world’s largest supplier of shipping .
Tight shipping capacity and high freight rates will continue to dog the global market this year as there is still no end in sight to the impact of the COVID-19 pandemic on the world's supply chains, said the top executive of China International Marine Containers (Group) Ltd, or CIMC, the world's largest supplier of shipping containers by production volume.