Index-linked contracts are “less desirable” on the transpacific trade, as shippers “need predictability on cost”, and favour longer, traditional contracts, it was reported this week.
CEO of Hapag-Lloyd Rolf Habben Jensen told a press briefing at S&P Global’s TPM25 event in Long Beach, California, the German carrier had seen a slight increase in index-linked contracts.
He said: “Index-based products sound really, really nice, and in some cases, also work. We have …
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