News / Green shoots of recovery on Asia-N Europe 'will need to be nurtured'

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While there appears to be little short-term hope of a rebound in freight rates on the Asia-North Europe trade, there are emerging signs that a demand recovery over the medium term could be under way.

According to the latest analysis from consultant Maritime Strategies International (MSI), there is mounting evidence that demand for some key products imported into Europe may be about to return.

MSI said demand for furniture and home buildings materials, which normally accounts for more than 20% of the ...