Shippers eye Index Linked Container Contracts to obtain better ocean freight rates value

In an ocean freight rates market defined by turbulence, with astronomic price hikes giving way to steep declines in spot rates, cargo owners are looking to regain control over unpredictable supply chains. According to the latest customer survey by Oslo-based Xeneta, turning to Index Linked Container Contracts (ILCCs) may be the obvious way forward. Changing …

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