4 ms·
On a long enough timeframe and nothing else changing, yes it would just fill up. Realistically, it gives them breathing room to get the rest of the rate up. I
by joshgachnang 5y ago
On a long enough timeframe and nothing else changing, yes it would just fill up. Realistically, it gives them breathing room to get the rest of the rate up.
I am curious what the costs of making a new container and recycling the old instead of shipping them back is. Trade isn't symmetrical. I assume shipping them back is cheap because otherwise the ships are going back nearly empty, so it's almost free to ship them back.
- smileysteve 5y agoI've read anecdotes that China is making new containers instead of accepting old containers. This could be because buffers aren't getting them back in time or because China needed a new market for steel
- bluGill 5y agoContainers have a lifespan, so China has always been making containers. When containers don't come back you can buy a new one. Shipping them back empty is a lot cheaper than buying a new one, but only if you can get them shipped back. The price to ship a container back empty is low enough that some ships decide it isn't worth it.