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News / Shippers should open talks on container contracts now, says Drewry

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Shippers with sizeable volumes shipped under annual contracts should already be opening negotiations with their carriers for 2020, according to Drewry Supply Chain Advisers.

The reason is the continuing weakness of freight rates on the transpacific and Asia-North Europe container trades, said the analyst.

It noted that ...

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  • John Lu

    October 15, 2019 at 6:54 pm

    Are there any large volume shippers that have confirmed that carriers have been willing to oblige to opening up the contract talks for 2020? I would think not …

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Annual contracts Asia-North Europe Bunkers Drewry IMO low-sulphur regulations Transpacific Trade