News / Asia to Europe spot rate plunge pushes carriers to cancel loops last-minute

Photo 164296609 © Mr.siwabud Veerapaisarn | Dreamstime.com

08/09/2023

Container spot rates ex-Asia to both North Europe and the Mediterranean have fallen sharply again this week, prompting carriers into last-minute cancelled sailings – over and above their already aggressive blanking programmes.

Moreover, there are reports of newbuild ultra-large 24,000 teu vessels going straight from shipyard ...

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