FREIGHT RATES AND MARITIME TRANSPORT COSTS

to support freight rates on mainlanes. For instance, despite 10 general rates increase attempts over the course of 2013, struggling Far East–Europe trade route freight rates remained low and volatile, with full year rates averaging just $1,084 per TEU, 20 per cent lower than the 2012 average (Clarkson Research Services, 2014b). ................
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