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Shippers faced with the most unstable container market in 23 years

Rate fluctuations in major container rates are developing in two different directions, and the market is at its most unstable in 23 years, writes Sea-Intelligence.

Photo: PR / Cosco Shipping

Shippers face the most unstable container market in 23 years.

Such is the finding of a new analysis carried out by Sea-Intelligence, which takes stock of the freight rate fluctuations on major container routes from Asia to Europe and across the Pacific Ocean.

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