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Maersk to raise Asia-Europe rates US$1,000/TEU from December 1

Time：2015-11-26 Browse：204 Author：RISINGSUN
THE world`s biggest container shipping company, Maersk Line, will levy a US$1,000 per TEU Asia-Europe rate increase from December 1, the company announced.

If it sticks, the hike would be a 339 per cent increase from current rates. But container rates tend to rise in large increments before slipping back in the face of overcapacity in the market.