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Davos 2023: DP World predicts 15-20% freight rate drop as demand slows

Freight rates are the prices at which cargoes are delivered by container from one point of the globe to another. Supply chain disruptions were persisting as a result of the war in Ukraine and sanctions against Russia, DP World's Narayan said in an interview on the sidelines of the World Economic Forum in the Swiss resort of Davos. ....

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