Asia-Europe spot rates rocket after Hanjin collapse
Spot rates on the major east-west trades were expected to surge after the bankruptcy of Hanjin Shipping.Spot freight rates on Asia-Europe shot up 37 percent this week as the market reacted to a Hanjin-free environment, further compounding shipper blues as they try to secure the release of their boxes and…
Asia-Europe spot rates rocket after Hanjin collapse
Journal of Commerce