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ACTIVITY in the containership charter market cooled last month with charter rates remaining mainly flat as lines played a waiting game due to stagnating freight rates and the huge influx of capacity expected to come from new services.
“It is very quiet; lines are taking a wait-and-see position,” a Hamburg broker said, adding that the lull in the charter market coincided with school holidays in the German city.
“A large amount of the box chartering activity is handled...
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