Special cargo rates out of China have gone above USD 70,000 per day
Daily rates out of China beyond USD 70,000 terminate a highly extraordinary year for special cargo. AAL Shipping sees the strong and profitable market continue years ahead, Managing Director Kyriacos Panayides tells ShippingWatch.
A look at the skyrocketing Toepfer index during 2021 tells a story of a shipping segment where rates have gone through the roof, from somewhere between good and sustainable to a level unimaginable only a year ago.
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