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Two container lines in particular benefit from booming freight rates on Pacific

Container lines Cosco and CMA CGM have the highest capacities on the Transpacific routes between Asia and North America, and are also the ones benefiting the most from the high freight rates on these routes, writes analyst firm Alphaliner.

Photo: PR / Cosco Shipping

It is still more lucrative for container majors to sail on the Pacific between Asia and North America, even though freight rates for the routes between Shanghai and Northern Europe reached the highest level in four years last week, says analyst firm Alphaliner.

The reason is both the higher spot rates on the Transpacific routes compared to the routes between Asia and Northern Europe and partly due to the "shorter sailing distance".

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