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News / Rates still slipping as peak season recedes and port strike threat subsides

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© Nahid Hasan Masud
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Freight rates are continuing their downward correction following the premature peak season and front-loading of volumes, leaving shipping lines facing an underwhelming winter.

The Drewry World Container Index (WCI) this week continued its drastic downward trajectory, established in July, reaching $3,216 per feu, demonstrating that Cape ...

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