Port News
Disparity in earnings on transpacific and Asia-Europe hits historic highs

In arguably the strangest, most difficult to predict period in the 64-year history of containerisation, the disparity in rates on the two main east-west tradelanes has hit historic highs. On the transpacific, spot rates hit new highs of $3,758 per feu on September 4. On Asia-Europe, however, spot rates rank the lowest in terms of …
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