Containerized Spot Rates On Most Chinese Export Routes Continued To Fall Last Week, Prompting Ocean Carriers To Cancel More Sailings

Containerized spot rates on most Chinese export routes continued to fall last week, prompting ocean carriers to cancel more sailings. At the same time, from April 1, shippers will also face a 25% bunker surcharge that most ocean carriers in Northern Europe will add to their shipping costs on their routes.

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