Shippers must brace themselves for at least two more years of elevated freight rates and tight supply, according to Drewry.
The maritime consultant predicts average rates – a blend of spot, contract, backhaul and regional trade rates – will increase about 23% this year; but for some headhaul routes, it said, the hike would be “substantially higher”.
During Drewry’s Container Shipping Outlook webinar today, senior manager for container research Simon Heaney said …

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Source: The Loadstar