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Red Sea crisis to prevent freight rates from dropping to 2023 levels, with uncertainty expected post-2025

The Export-Import Bank of Korea’s (KEXIM) Economic Research Institute has published a report stating that while container freight rates have come down from the highs of this year, they are not expected to plunge to levels seen in 2023, as the Red Sea crisis will maintain the supply-demand equilibrium.


 

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Martina Li
Asia Correspondent





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