Real test of Gemini hub and spoke model yet to come, says Maersk
Early signs may be positive for the Gemini Cooperation’s “hub and spoke” model, but head ...
Photo: Hapag-Lloyd.
By Mike Wackett
Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane next year.
Hapag-Lloyd yesterday joined CMA CGM in raising its FAK (freight all kinds) Asia-North Europe 40ft rate to $3,000 from 1 January.
However, the shipping lines have a long way to go to meet their aspirations; for example, Drewry’s WCI Asia-North Europe component is still at a lowly $1,343 per 40ft this week, albeit that the reading has shown a ...
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