All-inclusive container rates out of Asian production hubs held their balance at a significant discount to previous highs seen in the December and January loading period as demand for cargo faltered on limited production capacity during the Lunar New Year holiday period. “Premiums skyrocketed before Lunar New Year, now have decreased a bit,” a US-based …
The post Ex-Asia premiums tempered as Lunar New Year slowdown pressures demand first appeared on Hellenic Shipping News Worldwide.