It should be worth the paper it's written on

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The development of index-linked contracts between liner shipping companies and their customers is moving from the nascent stage into early adoption as both carriers and their customers seek respite from the relentless pricing volatility in today’s major trade lanes.

There was an overwhelming sense of fatigue expressed by shippers, forwarders and carriers at this week’s TOC Container Supply Chain event in Antwerp at the seemingly never-ending ups and downs of pricing – as if the industry has found itself on one ...