It's not just on the major routes between Asia and Europe that the container carriers are struggling to stabilize the rates in a market with a low demand. The spot rates between Asia and the South American East Coast are dropping like rocks, and the rates from China to Brazil have gone down 24 percent since the beginning of 2013.
Yet the capacity between Asia and the South American East Coast will be significantly increased in the time to come, writes Alphaliner.
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