{"id":11212,"date":"2025-01-07T16:35:01","date_gmt":"2025-01-07T16:35:01","guid":{"rendered":"https:\/\/axxessintl.com\/yang-ming-eyes-higher-contract-rates-with-a-focus-on-the-transpacific\/"},"modified":"2025-01-07T16:38:36","modified_gmt":"2025-01-07T16:38:36","slug":"yang-ming-eyes-higher-contract-rates-with-a-focus-on-the-transpacific","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/yang-ming-eyes-higher-contract-rates-with-a-focus-on-the-transpacific\/","title":{"rendered":"Yang Ming Eyes Higher Contract Rates, with a ‘Focus on the Transpacific’"},"content":{"rendered":"

Yang Ming management expects oversupply concerns to ease this year as detours round the Cape of Good Hope continue.<\/span><\/p>\n

The gap between container shipping supply and demand was 8% in 2024, and is expected to narrow to 4% in 2025, added the carrier.<\/p>\n

CCO Kevin Lee added that, with freight rates being higher year on year and with high port handling costs, Yang Ming is optimistic about negotiating higher contract shipping rates this year.<\/p>\n

Read more in an\u00a0article from The Loadstar<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yang Ming management expects oversupply concerns to ease this year as detours round the Cape of Good Hope continue.<\/p>\n","protected":false},"author":15,"featured_media":11210,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1500],"types-de-nouvelles":[],"class_list":["post-11212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-freight-news","tag-yang-ming-management-en"],"yoast_head":"\nYang Ming Eyes Higher Contract Rates, with a 'Focus on the Transpacific' - Axxess International<\/title>\n<meta name=\"description\" content=\"Yang Ming management expects oversupply concerns to ease this year as detours round the Cape of Good Hope continue. 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