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The double announcement that major shipping lines will introduce a $200 to $300 per teu westbound surcharge, and that the G6 alliance will not reinstate its Loop 3 Asia-North Europe service this year, will reinforce hopes that rates will hold at a sustainable level on the Asia-Europe trade.

MSC yesterday announced that from 24 January it will implement a $300 per teu peak season surcharge (PSS), while the G6 alliance, comprising six major shipping lines, announced that it will maintain its ...

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