New Economy Forum

Global Shippers Surf Demand Wave Bound for Covid Economy Fog

  • ‘There’s not an idle ship available,’ Flexport executive says
  • Consumer demand, industry consolidation buoy freight rates
The Jacques Saade, the world's largest LNG powered container ship, in Singapore, on Oct. 12.Photographer: Lauryn Ishak/Bloombergerg
Lock
This article is for subscribers only.

Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.

The world’s major shipping companies, riding an unprecedented wave of demand for everything from housewares to medicine, are finding the record for the largest load of containers hard to hold onto this year.