News / Box shipping rate decline arrested, for now, as break-even falls to $600 per teu

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Container shipping freight rates were generally held flat this week, as the first carrier-imposed rate increases of 2015 managed to arrest the recent slide in rates

Both OOCL and Maersk had indicated an implementation date of 15 January for general rate increases of $850 per teu and $800 per teu respectively on the Asia-Europe headhaul westbound leg, with Hapag-Lloyd also set to introduce an $850 per teu GRI on Monday 19 January.

However, this week’s Shanghai Containerised Freight Index’s Shanghai-North Europe leg ...