CONTAINERS QUARTERLY: European spot rates plummet after early peak season surge

Capt. John

Bearish sentiment dominated the European container markets in the third quarter, as front-haul spot rates plummeted following an early peak season rush as a result of continued diversions away from the Red Sea. The premature commencement of the peak season in Asia-Europe movements meant market...

https://www.spglobal.com/platts/en/market-insights/latest-news/shipping/100924-containers-quarterly-european-spot-rates-plummet-after-early-peak-season-surge

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