News / Shippers face 'significant' rate hikes as new container contract talks loom

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Having succeeded in aggressively raising container spot rates during the pandemic, ocean carriers are now laying the foundations for a substantial uplift in annual contract rates.

Shippers and carriers traditionally start negotiations for the Asia-Europe trade in October and November, and for Asia to the US ...

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    Annual contracts Asia-North Europe Customer-carrier relations Maersk Rates: the eternal tango spot rates Transpacific Trade