News / Weak capacity discipline forces Gemini carriers to slash Asia-Europe rates

Verladung_02_print_15x10cm
Photo: Hapag-Lloyd.
By

Gemini Cooperation carriers are said to be slashing rates to fill slots as Asia-North Europe rates registered their sharpest weekly drop since February.

On Friday, the Shanghai Containerised Freight Index showed the Shanghai-North Europe rate down 11% from the previous week, to $1,315 per teu.

But Hapag-Lloyd’s ...

Daily News from £12 / mo  ·  includes Daily News
Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Forgot?

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Asia-Europe blanked sailings Calculating Capacity Gemini cooperation Hapag-Lloyd Rates: the eternal tango