Maersk said this week it anticipated container spot rates would fall back in the second half of the year, justifying its strategy to secure 70% of its volume under long-term contracts.
Spot rates are already showing signs of softening, post Chinese New Year, on the Asia-North Europe tradelane, and the return to some form of normalisation in H2 would threaten the sustainability of the new challenger carriers on the route.
The ever-growing …
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