Posted on June 1, 2012

Shipping lines are determined to try and maintain higher rates so that the freight market does not develop the perception that freight rates are constantly falling. But the recent fall in spot rates for containerised freight on the Asia-Europe trade lane indicated that the shipping lines’ solidarity over general rate increases (GRIs) could waver.

Experts are saying that lines will push for increases, to combat the impression that freight rates are in steady decline.

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