Maritime

FreightWaves Staff Wednesday, April 24, 2019

Breakfall: ocean box rates flat after big slump

It’s a game of several parts as Drewry Shipping Consultants’ World Container Index indicates that rates are marginally down by 0.3 percent compared to the previous week. But the index is massively up, by 12.8 percent, compared with the same period last year. A flattening market can be perceived as “good news” given there have been a couple of weeks of slump.

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