Maersk reports significantly increased prices in key contract negotiations
Rates in Maersk's key contract negotiations are increasing big-time, says Maersk CEO Søren Skou after the shipping line has fixed close to 40 percent of its new contracts for the year. At DSV Panalpina, CFO points to frustrated customers who are left footing the bill.
Spot rates are not the only element that is soaring these days, as months of record-high rates mean that container lines such as Maersk hold unusually strong cards in the contract negotiations that are taking place right now.
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