Rates from North Europe to the US East Coast have increased dramatically over the past year, similar to any other main trade lane. With disruptions hitting container shipping globally, the non-major trade lanes have also experienced reverse cascading – ships heading back to main trades, thereby reducing capacity on the smaller ones. Rates on the …
The post Spread between short- and long-term container shipping freight rates from North Europe to US East Coast narrow with both increasing around three-fold first appeared on Hellenic Shipping News Worldwide.