How to stabilise Asia-Europe rates

© Khunaspix Dreamstime.

Fine analysis from Drewry, along with some fascinating anecdotes, on the troubles facing the Asia-Europe trade, and what solutions may be found. Rates continue to slide – carriers are aggressively quoting, while some shippers are switching from FOB terms to CIF in a bid to take advantage of cheaper rates being offered in China. Ultimately, the answer lies in cutting capacity.