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'Crazy' bout of price-cutting to gain marketshare reignites Asia-Europe rates war

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The enigma of ocean carrier commercial pricing was in evidence again this week as Asia-Europe container spot rates took a tumble, despite ships reportedly running full on the headhaul route.

The Shanghai Containerized Freight Index (SCFI) recorded a 22.7% fall in rates to North Europe, which ...

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  • EB

    July 08, 2016 at 12:50 pm

    The above post confirmed that a complete reset of the ocean carriers top management is the only means to save the shipping industry

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