Testimonials

RW Freight have an excellent import Holland service

Netherlands Freight Importer
79033

RW Freight services are very reliable, I am very happy to use them as carrier for my imports from the far east.

Far East Import
64270

RW Freight Services offer a very good service. It is very quick and easy to book with them and questions are always answered

Sweden Groupage Exporter
90793

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

Banks role in shipping crisis

As the banks respond to the world economic crisis and their own lack of liquidity, their cautious lending policies mean that they are trying to withdraw from commitments which they had previously made to new ship-building projects.  Some shipping lines will be forced to cancel orders, which will obviously have a long term effect on shipping capacity, and in turn, freight rates in the future.  Capital intensive companies throughout the shipping and forwarding industries are struggling to pay the interest on their bank loans, and banks are looking at ways to reduce their commitment.  One possible solution for them would be to persuade weaker ship-owners to transfer their tonnage to stronger owners; what the banks certainly will not want to do is re-possess ships.