Maersk Joins Rivals In Softening Contract Conditions

Ocean carriers are tempting BCOs with a wide range of new, flexible, long-term contract options  after shippers complained of being “burned” by committing to rigid, says an article published on The Loadstar.

Last year, shippers were presented with ‘take it or leave it’ fixed-rate long-term contract options by carriers against a backdrop of very strong demand and an acute shortage of equipment and vessel capacity.

Significant disadvantage

But as...

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