The postponement by lines of rate rises on major east-west trades does not bode well for the container freight market.
Transpacific and Asia-Europe liner operators have pushed back their ambitious plans to pump up rates in a move that has dampened expectations of the strength of the market.
Rates between Asia and north-western Europe edged down to $1,106 per teu at the end of June, even though several carriers are trying to push through hefty rate rises.
The
