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Carriers hold their breath before 2014 contracts

With spot rates at an all-time low on the major Asia-Europe routes, container carriers are in sore need of rate increases at the moment, according to Drewry.

Photo: Maersk Line

Container carriers’ success with the anticipated, significant rate increases from November 1st has rarely been as important as it is right now, when carriers are set to renegotiate contracts for 2014 with their clients.

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