S&P says ocean freight rates decline on weak demand

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S&P says ocean freight rates decline on weak demand
www.logupdateafrica.com

S&P says ocean freight rates decline on weak demand

Even with falling spot rates carriers, operators are holding firm on their long-term contracts.

"D&D significant cost now for shippers"

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'D&D significant cost now for shippers'
www.logupdateafrica.com

'D&D significant cost now for shippers'

D&D charges up 12% despite decline in 2022 compared to pre-pandemic levels after global average increase of 39% in 2021