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Drewry: Shippers are now noting rate increases

For the first time in years, shippers are declaring that contract rates on the major East-West trades are going up, writes Drewry referring to information from its own forum of shippers, the Benchmarking Club.

The customers of the container carriers - the various retail chains and producers - are now declaring that rates, in the contracts they have made with the shipping companies, are increasing.

This concerns the rates on the East-West traffic, which according to Drewry's so-called Benchmarking Club, are going up for the first time in years.

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