Comment / Ocean rates rally to last beyond May? Forget about it

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We are quite reluctant sharing twice in a week the findings from the same equity research house, but our previous take sourced from Bernstein – here: ’Looking for nearshoring, finding a mirage’ – was so well received a couple of days ago that we gladly make an exception.

And it’s about the hottest topic in the ocean freight market: how long will strength in spot rates last?

Reading between the lines of Bernstein’s research, not very long may well be answer, but ...