Shippers are facing increasingly difficult negotiations over long-term contracted rates in a market described as nothing less than “red hot”. Rates climbed by a further 2.2% in March, consolidating gains of 9.6% in February and 5.9% in January. The findings, disclosed in Xeneta’s latest XSI® Public Indices report, mean that container ship operators are currently …
The post Xeneta container rates alert: carriers flex financial muscles as rates climb continues first appeared on Hellenic Shipping News Worldwide.