WP_Post Object ( [ID] => 286261 [post_author] => 21 [post_date] => 2023-02-28 16:49:49 [post_date_gmt] => 2023-02-28 16:49:49 [post_content] => (Bloomberg) — For a sign of how much global trade has slowed, look no further than idled container ships — unused vessel capacity is near the highest level since a spike after the start of the pandemic. But where those idled ships are clustered gives insight into the industry’s bets for a rebound: a large number are positioned near China, waiting for a renewed flow of exports as the world’s second-largest economy recovers from Covid Zero restrictions. “It makes sense to be close to the main export centers, to be in a ready-to-go position,” said Simon Heaney, senior manager of container... [post_title] => Idled Containerships Gathering Near China Signals Bet on Demand Recovery [post_excerpt] => (Bloomberg) — For a sign of how much global trade has slowed, look no further than idled container ships — unused vessel capacity is near the highest level since a spike after the start of the pandemic. But where those idled ships are clustered g... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => idled-containerships-gathering-near-china-signals-bet-on-demand-recovery [to_ping] => [pinged] => [post_modified] => 2023-02-28 16:49:49 [post_modified_gmt] => 2023-02-28 16:49:49 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=178135 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )