Europe's eastbound exporters must take fair share of freight rates, say carriers

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European exporters targeting markets in China and elsewhere in Asia have been warned that the era of cheap container shipping freight rates on the backhaul Asia-Europe leg is likely to come to an end.

Maersk’s head of Asia-Europe Network, Lars Mikael Jensen, told delegates at the TOC Container Supply Chain conference in Rotterdam, which opened today, that European exporters should expect to pay a greater share of the overall costs incurred by lines running strings between Asia and Europe.

“I am an ...