After a period with short-term container freight rates reaching record highs on many of the major container shipping trades, long-term rates are now also experiencing a boost. Particularly long-term freight rates between the Far East and the US have jumped, copying the development in short-term contracts which have seen the increase in freight rates to …

The post Long-term freight rates to the US jump USD 550 in a day first appeared on Hellenic Shipping News Worldwide.