News / Beijing urges container shippers to sign long-term transport contracts

Sun Wenjian China’s Ministry of Transport (MOT) Credit State Council Information Office, China
Credit State Council Information Office, China
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China’s Ministry of Transport (MOT) is encouraging Chinese exporters to sign long-term shipping contracts with liner operators as a hedge against the unprecedented spike in container freight rates.

Spokesperson Sun Wenjian (pictured) said the ministry viewed long-term container shipping contracts as a means of stabilising supply ...

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