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News / Ocean carriers are driving the rates race to the bottom – 'they're all at it'

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Carriers are themselves driving the rates ’race to the bottom’ they warned would lead to a “dire situation” in 2024 – Maersk singled out as one of the worst offenders.

Announcing the group’s third-quarter flop last week, the Danish carrier’s CEO, Vincent Clerc, told investors that ...

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