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New York Shipping Exchange: Fixing the $23bn hole in liner shipping

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Gordon Downes, the CEO of the recently created New  York Shipping Exchange (NYSHEX), reckons he can fix a massive hole in liner earnings.

 

Launched this August, NYSHEX provides the container shipping industry a new way to contract ocean freight, where the shipments are guaranteed by the carrier and committed to by the shipper.

 

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