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Rate index down 4.2 percent this week

The container rates simply do not want to cooperate with carriers, and the index fell once again. Throughout 2016, the index has only declined.

Photo: Hyundai Merchant Marine

The container shipowners, once again, had to watch the spot prices for container freight take a dive this week.

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CMA CGM expects sharp decline in freight rates

The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.

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