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home / news releases / BOAT - Container Shipping Situation Worsens Due To Congestion Delays And Empty Containers

BOAT - Container Shipping Situation Worsens Due To Congestion Delays And Empty Containers

SonicShares Global Shipping ETF
  • Congestion levels at ports in mainland China have increased between 30-40% since March.
  • High rates on shipping routes departing Asia combined with port delays incentivises carriers returning with empty containers.
  • Governments and others looking at ways to discourage ships operating at less than full capacity.

For further details see:

Container Shipping Situation Worsens Due To Congestion, Delays, And Empty Containers
Stock Information
Company Name: SonicShares Global Shipping ETF
Stock Symbol: BOAT
Market: NYSE
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