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Shipping sector on course for recovery

Box rates on the rise due largely to consolidation, with Hanjin's failure among the biggest contributors
Wednesday, January 11, 2017 - 05:50

CONTAINER freight rates have at last started to recover, but are doing so from a very low base. Spot container freight rates on the major East-West routes reached a 20-month high last week and have risen above the average of the last five years, said Drewry.

The specialist shipping-

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