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A Summer of Sold-Out Ships Awaits as Sea Cargo Chaos Intensifies

  • Suez incident collides with surging demand to deplete capacity
  • Orders for new container ships jump by the most since 2007
Bloomberg business news
Over 1,000 Containers Have Fallen Overboard This Year

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Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting the world economy’s capacity to move goods across oceans.