IMO transition charges kick-in.
Carriers test new IMO charges in the spot market, which are implemented and accepted on some routes. Huge disparity in charge levels. Most carriers have implemented so-called "IMO 2020 transition charges" from 1 December, leading to higher spot rates, although some forwarders are starting to pay them only from 1 January. Independent, verified market spot rate data from the World Container Index assessed by Drewry confirms that rates on from Shanghai...
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