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Stable Rates for All the Lanes Except for Europe

Jul 29,2008 by JC LOGISTICS

  1. Southeast Asia: The rates are as same as last week. The space for Port Klang, Manila, Hochiminh and Bangkok is still tight.
  2. Middle East and Red Sea: Rates remain unchanged and there's plenty of available space. OOCL reduces the basic O/F by USD30/TEU.
  3. Europe&Mediterraneans: Most of carriers reduced the basic O/F by USD50/TEU for European base ports and the west coast of Mediterraneans.
  4. Oceania: Most of the carriers are offering the same rates as last week. But MAERSK and HYUNDAI reduce much of their rates.
  5. Africa: MAERSK reduces the rates for Eastern Africa.
  6. North America: The rates haven't changed much.
  7. Caribbean Sea and Latin America: Rates remain the same as last week.

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