Container spot rates slide to 2023 lows

February

16

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The container sector is heading into its normal post-Lunar New Year lull that typically lasts until April/May. The scale of the drops in spot rates is large, but the sector still remains one of the more profitable shipping sectors.  The weekly Drewry World Container Index slumped 5% to $3,095 per feu yesterday. However, the index …

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