Container slump now also impacting contracts
Rates for container freight contracts on the east-west tradelanes have seen rates slide down since the beginning of the year, according to a new analysis from Drewry. As such, shipowners carrying goods on contracts are now also being hit by the downturn in the container market where carriers are struggling to turn a profit. On the other hand, this is good news for the customers, as they have been able to negotiate lower prices.
Read the whole article
Get access for 14 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
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Maersk Line to downscale long-term contracts
For subscribers
SeaIntel: Maersk Line in showdown with breached contracts
For subscribers
Smedegaard: Long-term contracts have lost value
For subscribers