'Another painful headache for shippers' as Asia-N Europe rate rally ends
It seems the recent container freight spot rate rally on the Asia-North Europe trade might ...
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The fluctuating freight rate situation on the Asia-Europe container shipping trade appears to be becoming more severe than ever. Recent months have seen steep declines, but over the last few days rates have surged upwards once more. Will it last? Unlikely, says Drewry Maritime Research, suggesting it may be time to use new mechanisms for shippers seeking stability.
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