Shipowners attempted record number of rate increases

Container carriers on Asia-Europe attempted 13 general rate increases in 2015 at completely unrealistic levels, and this had the exact opposite effect than desired. An unprecedented frequency, notes Alphaliner.
Photo: POLFOTO/AP/Eugene Hoshiko
Photo: POLFOTO/AP/Eugene Hoshiko
BY OLE ANDERSEN

13 times, or more than once a month, container carriers on the major routes from Asia to Europe attempted to implement general rate increases (GRI) of USD 300 to USD 1,200 per teu.

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