Asia-Europe spot rate decline quickens – 'the market has turned'
The steady decline of container spot freight rates between Asia and Europe turned decidedly steeper ...
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By Mike Wackett
Rival carriers offering direct port calls by mainline vessels will look to use the unproven ’hub & spoke’ network strategy of the forthcoming Gemini Cooperation alliance to their advantage.
In North Europe, the Gemini hubs will be at Rotterdam and the German ports of Wilhelmshaven and Bremerhaven, with all other gateways served via dedicated shuttle or feeder services – although the UK ports of Felixstowe, Southampton and London Gateway are all expected to receive direct calls.
But other ports accustomed to serving ...
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