News / Carriers wield the axe on more Asia-North Europe sailings to 'stop the rot'

17/04/2019

Ocean carriers plying the Asia-North Europe tradelane are taking measures to “stop the rot” by cancelling more sailings, according to Alphaliner.

Spot rates on the route have slumped to a 12-month low.

The North Europe component of the Shanghai Containerized Freight Index (SCFI) slid a further 2.7% ...

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