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News / Carriers may differ in strategy, but their aim is to bolster Asia-Europe box rates for peak season

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The Asia-Europe components of the Shanghai Containerised Freight Index (SCFI) lost further ground this week, and carriers will desperately need next month’s rate increases to hold.

Container shipping rates on the SCFI’s Shanghai-North Europe spot leg declined 13% this week to finish at $527 per teu, after ...

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