Turmoil: The new normal in container markets

Turmoil: The new normal in container markets

Flourishing uncertainty in container markets is forcing shippers and carriers into new contracts, while experts try to make sense of the fast-moving geopolitical changes that are driving volatility, writes Nick Savvides on the Seatrade Maritime News website.

With our portfolio of international container shipping services, which include LCL and FCL import and export operations, that made interesting reading for Davies Turner.

The article summarises recent analysis by the likes of Drewry, Xeneta and Linerlytica. It includes an interesting appraisal of why index-linked contracts are growing in popularity because they remove the need for further renegotiations when freight rates spike or fall.

The full report can be seen at the following website: https://tinyurl.com/4shuzw97

Anyone looking for some guidance and support as they try to negotiate the uncertainty that prevails in container shipping at present should contact us at ocean@daviesturner.co.uk and we will be happy to try and help. For more information about our ocean freight forwarding and logistics services visit the relevant pages of this website.