Independent journal on economy and transport policy
15:40 GMT+2
Asia-Europe freight rates set to rise by US$800
(Shipping Times)
January 25, 1999
Four rate increases planned this year will represent 60% jump over rates a year earlier
By Marcus Hand
[SINGAPORE]
Freight rates between Asia and Europe are set to rise by as much as a whopping US$800 (S$1,344) per TEU (20-ft equivalent units) across four rate increases.
In October last year, the Asia Westbound Rate Agreement (AWRA) announced it planned ...... Read more on Shipping Times
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