Decline in Asia to Europe rates slows

The decline of container rates on the Asia to Europe trade slowed last week, as prices dropped just US$4 per teu.
According to the Shanghai Shipping Exchange (SSE), rates on services from Shanghai to Northern Europe dropped from $1,337 per teu for the week ending 10 December, to $1,333 per teu for the week ending 17 December.
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Source: ifw