Recovering freight rates for the Far East Asia – North Europe corridor pose risks for shippers, says Xeneta
22 June 2016, Oslo: According to Xeneta’s leading global database of over 12 million contracted ocean freight rates, the container ship market is staging a small recovery - with short-term rates rising, suggesting long-term costs could soon follow suit. This may be positive news for carriers, but it does pose risks for shippers, notes Xeneta CEO Patrik Berglund. Oslo-based Xeneta, a benchmarking and market intelligence platform for containerized ocean freight, crowd sources shipping data from over 600 major international businesses. This gives it an unrivalled, real-time window into