News / Spot rate hikes and cancelled voyages loom as Year of the Dog approaches

05/01/2018

Asia-to-Europe shippers have reported that some containership sailings have rolled-over bookings this week ahead of the build-up to Chinese New Year (CNY).

However, container spot rates have yet to reflect the capacity squeeze, with the North Europe component of the Shanghai Containerized Freight Index (SCFI) this week ...

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