Shipping Industry Year-end Peak Season Approaches, Signs of Short-term Recovery Emerging
In December, the shipping industry saw significant increases in shipment volume and freight rates due to the arrival of the year-end peak season. Factors such as suppliers working overtime, the depreciation of the yuan boosting profits, and falling oil prices stimulated the market. However, participants remain cautious about the industry's outlook for next year, as shipping companies continue to incur losses and structural issues persist, necessitating further observation of the overall situation.
