London cargo market shows first signs of rate deceleration
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London cargo market shows first signs of rate deceleration

Samuel Casey
03 March 2021
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Signs are emerging of a deceleration of rate momentum in the marine cargo market after almost three years of sustained upwards pressure on rates, Insurance Insider understands.

Market sources said that there had been a marked uptick in competition for new business in the past six weeks, which was leading to some pressure on pricing as carriers looked to snap up profitable accounts.

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News Marine Rates
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Samuel Casey
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