Stable Market Situation Except for Europe and Red Sea Area
- Middle East and ISC area: rates for certain destinations were reduced.
- Europe: rates for basic ports were reduced by USD25/TEU.
- North America: rates remain stable in this week.
- Red Sea: rates for some ports were reduced.
- Oceania: the rates keep going down this week.
- Africa: rates keep unchanged.
- South America: PSS is implemented. MAERSK and MSC's standard is USD300/TEU, EMC is USD150/TEU. But COSCO's tandard is USD225/300 per 20'/40'