İstanbul Gelisim Vocational School - myo@gelisim.edu.tr

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 “Cartel” Debates on the Seaway


It is claimed that 7 global container giants, which dominate 80% of the global market, have opened a front to forwarders by keeping freight prices at a high level and acting jointly.


It is stated that the epidemic-induced congestion in global major ports and the imbalances between supply and demand triggered the rise in freight. However, experts believe that the reason for this rise is that shipowners act together to protect their profitability.

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