'Tariff madness' will prompt renegotiation of ocean shipping contracts - The Loadstar
2 Articles
2 Articles
'Tariff madness' will prompt renegotiation of ocean shipping contracts - The Loadstar
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity commitments (MQCs) are questioned, according to Patrik Berglund, CEO of Xeneta. “Disruption has been constant for the past six years. It’s one thing after another,” said Mr Burgland. And as a recent Loadstar Premium report highlighted, “the colossal waves of uncertainty couldn’t come at a more unfortunate time”. “April is tradi…
Paul Ndarihonyoye, spokesman for the Ministry of Mines: "There are renegotiations of contracts"
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