Recently, Xeneta, a shipping market analysis platform headquartered in Oslo, Norway, issued a stark warning regarding the current state of freight rates in the container shipping industry. They emphasized that shipping companies are currently operating at rates that effectively subsidize the cost of transporting goods globally. Looking forward, Xeneta predicts that operational expenses for shipping vessels will see further increases next year. Major players in the container shipping sector are expected to respond assertively to these rising costs. If the current financial pressures persist, significant interventions are likely. Moreover, these challenges pose heightened risks to the stability and efficiency of the global supply chain.