SeaIntel expects big rate increases for shippers
Last year's contracts between carriers and shippers were signed at historically low prices when comparing contract rates and spot rates. There could therefore be major rate increases in store when new contracts are negotiated in May.
The annual contracts on the Pacific, which were signed last year and will expire in April, are far below the spot rates on the container market.
Already a subscriber?Log in here
Read the whole article
Get access for 7 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:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Alphaliner: Scrapping to secure container carriers in 2017
For subscribers
Here is an overview of the Maersk annual report
For subscribers
Søren Skou calls off price war in the container industry
For subscribers
