World Maritime News (19)
October 12, 2021
Changing trend of increasing container spot rates Early October, a dramatic decline in eastbound trans-Pacific spot rates was seen as a temporary relief for US importers caused by production cutbacks in China and a continuous influx of new capacity of chartered ships. Some containerized freight indices show signs that the period of rapid freight rate gains may end. For example, the Shanghai Shipping Exchange figures showed little change in freight rates a week ago, with the Shanghai Containeri