Rates in long-term container contracts continued upswing in November

With rates locked at a high level in long-term contracts, major container lines are facing a period of high earnings. Rates in long-term container contracts surged 16.3 percent in November, according to analyst firm Xeneta.
Photo: George Frey/AFP/Ritzau Scanpix
Photo: George Frey/AFP/Ritzau Scanpix

November saw further growth in rates for container goods on long-term contracts of 16.3 percent, according to analyst firm Xeneta.

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