In global container markets, the song remains the same. Since the publication of MSI’s third-quarter report, both freight and time-charter rates have essentially moved sideways. MSI’s T/C Rate Index has registered a 4% fall since September, but this has been driven only by smaller containership benchmarks and in the most recent data market movements have been sidewards or in some cases upwards again.
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Container ship rates: the same old song or a brand new tune?
Container markets are ending the year with congestion and Covid-19 still in focus, but it is too soon to judge if a fundamental shift is taking place
23 December 2021 15:17 GMT
Updated
23 December 2021 15:17 GMT
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