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You are here: Home Archive 2009 October Weekly Edition 22nd October 2009 Falling container rates reduce box charters to 4.5 months

Falling container rates reduce box charters to 4.5 months

by Jim Wilson last modified Oct 22, 2009 03:30 PM

NEW research has found the average charter duration for boxships has shortened to 4.5 months, highlighting the way collapsing rates have triggered a fundamental restructure of how the container market operates.
Of the 1,820 fixtures logged by liner shipping consultancy...

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