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Maersk Line to up Far East-North Europe rate US$1,450/TEU July 1

MAERSK Line, the world's biggest container shipping company, will increase rates on the Far East to Europe route to US$1,450 per TEU as of July 1.

Earlier this month, data from the Shanghai Containerised Freight Index showed rates for transporting containers from ports in Asia to Northern Europe had risen to $761 per TEU, noted Reuters.
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