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Surging transpacific rates resulting from the paused US-China tariff war have reversed the correction in the boxship charter market, as previously relet vessels have been withdrawn to be deployed back to transpacific routes. With mainline operators rushing to add more US sailings, container ship owners are demanding higher premiums as the freight market continues firming. […] The post US-China tariff ceasefire sees bidding war for chartered vessels appeared first on Container News .
US-China tariff ceasefire sees bidding war for chartered vessels
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