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Container rates down 25 percent in five years

The generalized Shanghai Containerized Freight Index has dropped 25 percent over the past five years and up until today. Read on to learn how select carriers like Hapag-Lloyd and Maersk Line have performed in this period.

Photo: Hapag-Lloyd

Container rates for a majority of carriers have gone one way since the first quarter 2011, and that is down, according to a comparison of the general rate developments over the past five years, compiled by SeaIntel.

The graph below, where the bottom blue line represents the Shanghai Containerized Freight Index (SCFI), also illustrates how a series of carriers such as Maersk Line have fared through this development, and how the carriers - by relying on contracts - have managed to perform better than the spot index.

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