ShippingWatch

Importers benefit from absent rate hike on Asia-Europe

When all is said and done, the importers – the business sector of Northern Europe – are the ones benefitting from the container shipping companies’ failure to increase the rates. 200 of the companies are cross-checking their prices.

Photo: Maersk Line

While the container shipping companies mourn another failed attempt at increasing the rates on Asia-Europe, the customers – the Northern European business sector- are pleased, as they can conclude that the price they have to pay to ship a 20-foot container from Asia has been either steady or in decline since the summer.

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