Differences and Correlation: Spot Rates and Contract Rates in Shipping

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Jitendra Bhonsle, writes for Marine Insight on Differences And Correlation Between Spot Rates And Contract Rates in Shipping.

Focus in the shipping industry and amongst exporters

Ever since the start of Covid, there has been a lot of focus in the shipping industry and amongst exporters on the relative developments in spot rates and contract rates.

What has given rise to these discussions is the steep increase in spot rates in the months succeeding the spread of the...

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