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SeaIntel: Container rates now in free fall

The rates on Asia-Europe have now decreased by USD 483 in just four weeks, which can only be described as a rate in free fall, says Lars Jensen, CEO and partner, SeaIntel, following another drastic decline this week.

Photo: Maersk Line

The rates on Asia-Europe are now in free fall, says Lars Jensen, CEO and partner of analyst agency SeaIntel, in a comment to ShippingWatch following another rate drop, of 12.1 percent, in the past week.

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