ShippingWatch
Container

Drewry: Shippers reap big declines in contract prices

The low price of fuel and the battle for cargo volumes on the major east-west routes have benefited shippers in 2015, as the rate level in the contracts slid downwards, reports Drewry.
BY KATRINE GRØNVALD RAUN

Shippers were successful in negotiating prices further down in contracts with container shipowners in 2015. The prices in contracts for the major east-west trade routes declined further in the second half of 2015, as evident from new data published by Drewry, which gathers numbers from several multinational shippers.

Already a subscriber?Log in here

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
!
!
Must contain at least 6 characters
!
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

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