Container spot freight rates fall sharply, but when will pain end for seafood industry?

Transpacific spot rates fall 16% in biggest weekly drop of the year, but long-term rates continue to climb.

Relief on the horizon? Shipping freight rates sank sharply last week, but the longer-term picture for shippers such as the seafood industry is still tight.
Relief on the horizon? Shipping freight rates sank sharply last week, but the longer-term picture for shippers such as the seafood industry is still tight.Photo: Heinz-Joachim Hettchen
Published 7 October 2021, 05:30Updated 7 October 2021, 14:34
ShippingLogisticsFrozen fishFarmed shrimpFarmed whitefish