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News / 'It’s a crazy market out there' – shipping contract rates jump by 90%

Myanmar-port COSCO
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With container spot rates from Asia appearing to have reached a plateau as China begins its Golden Week holiday, the attention has turned to contract rate inflation which, according to Xeneta’s XSI index, is showing a 91% year-on-year gain.

The September edition of the Oslo-headquartered freight ...

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    Golden Week Shipping rates Xeneta XSI

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