Container spot rates remain high despite weaker supply/demand balance
In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, looks at the fact that despite a 70-80% fall in freight rates, and worsening of the supply/demand balance, liner operators have been able to keep rates higher than pre-pandemic levels.
“The Shanghai Containerized Freight Index and the China Containerized Freight
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