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Shipping rates sink more than 70% as US Fed's interest rate hikes send shockwaves through global demand

Shipping rates sink more than 70% as US Fed's interest rate hikes send shockwaves through global demand
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.

United States , Bai Ming , Wang Jinghua , Chinese Academy Of International , Organization For Economic Cooperation , East China , Zhejiang Province , Global Times , China Securities Journal , Shanghai Export Containerized Freight Index , West Coast , North America , Chinese Academy , International Trade , Economic Cooperation ,

Shipping rates sink more than 70% as US Fed's interest rate hikes send shockwaves through global demand

The impact of the US’ latest interest rate hikes is now being reflected in global trade, as exporters said container shipping rates have fallen by 70 percent compared with a year earlier – indicating weaker consumer demand and dimmer global economic prospects amid a range of global uncertainties. ....

United States , Bai Ming , Wang Jinghua , Chinese Academy Of International , Organization For Economic Cooperation , Qianwan Container Terminal , Qingdao Port , East China , Zhejiang Province , Global Times , China Securities Journal , Shanghai Export Containerized Freight Index , West Coast , North America , Chinese Academy , International Trade , Economic Cooperation , Container Shipping Rates ,

The Chinese recovery is looking pretty good. So far...

The Chinese recovery is looking pretty good. So far...
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

Shanghai Shipping Exchange , Nagel International , Shanghai Export Containerized Freight Index , West Coast , East Coast , Shanghai Shipping ,