The benefit of higher Asia-Europe rates was short

After a significant improvement last week, the development for the freight rates between Asia and Europe is back to the sad story of the past weeks: Major declines.

BY RITZAU FINANS

On the heavy trade route from Asia to North Europe, the price to freight a twenty-foot container (teu) fell 25 percent to USD 833 this week.

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SeaIntel: Container rates drop below zero
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