Port News & Information Mediterranean, Black & Caspian Seas

Higher prices and container shortages in the next months

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Marseille, France (Ports Europe) February 28, 2021 – The container shipping industry needs overall rate levels to increase, and this would be a central part of new contract negotiations, Rodolphe Saadé, chairman and Chief Executive Officer of CMA CGM Group, said at the virtual TPM 2021 conference. He also stated that the current extreme price…

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