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Xeneta: Big shippers paying for mega box ships

Numbers from Oslo-based Xeneta show that big volume shippers on long-term contracts often pay excessive rates for shipping their products, and they are thus footing the bill in the sector. This benefits third party logistics players in particular, notes the company.

Photo: UASC

The container carriers' big customers, namely shippers who mainly operate with long-term contracts in order to secure a constant flow of their products to their main sellers and markets, often end up paying far more than the average rates in the container sector.

These customers are thus footing the bill, which includes paying for the carriers' ever-larger vessels, while at the same time missing out on the savings achieved through economies of scale and the low fuel prices, according to new numbers from Oslo-based Xeneta, which benchmarks rates in the container sector.

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