News / Dismay for container lines as rates continue to plummet, and next GRIs may not hold

20/11/2015

Utilisation levels on containerships loading between China and Europe are reported to have slumped to 80-85%, causing spot rates to fall steeply again this week.

The Shanghai Containerized Freight Index (SCFI) was once more a sea of red ink as spot rates to North Europe fell ...

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