Maersk has most of its customers on long-term contracts
Maersk is engaging more customers on long-term contracts in a market where a lack of capacity and huge demand are pushing rates to historically high levels. The comment comes after competitor CMA CGM has decided to freeze its rates.
BY MARKETWIRE AND SHIPPINGWATCH
The pressure in the container market, marked by a lack of equipment and capacity on board vessels, has driven spot rates to new heights.
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