- Xeneta’s Shipping Index (XSI), tracks real-time rates developments monthly.
- Global long-term contracted rates increased for the first time in 12 months.
- Raises the question of whether it was a sign of a resurging market or merely a temporary halt in its decline.
Any hopes of a revival in long-term ocean freight shipping rates were short-lived after the latest data from Oslo-based container shipping analyst Xeneta indicates the market is once again in decline, sources Riveramm.
Sustained Rate...https://mfame.guru/october-container-market-data-indicates-resumed-decline/