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...This chapter reports on recent developments in freight rates and transport costs it covers the first half of tracking changes demand supply across key shipping markets considers immediate outlook for examines impact prices as indicated previous chapters covid pandemic led to a sudden dip international seaborne trade but by late there had been swift rebound mainly container dry bulk recovery flows which was east west containerized lanes created series logistical challenges hurdles pushed up increased delays dwell times undermined service reliability result have calls more government intervention regulatory oversight mitigate any unfair market practices sustained higher would increase global chains could work their way through maritime consumer with adverse economic effects globally particularly small island developing states sids least developed countries ldcs whose consumption production depend similar surges situation tanker however has very different drop fuel high carrying capacity ...