Container

Prices in long-term container contracts almost halved

Container lines’ contracts with customers have seen steadily declining prices since the beginning of the year. Xeneta’s chief executive does not see this pattern reversing anytime soon.
Container freight rates have dropped considerably in the first half of 2023, according to numbers from Xeneta. | Photo: Pr / Hapag-lloyd
Container freight rates have dropped considerably in the first half of 2023, according to numbers from Xeneta. | Photo: Pr / Hapag-lloyd
by DANIEL LOGAN BERG-MUNCH

Declining demand for containerized cargo globally is now seriously impacting container shipping companies’ contract rates.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs