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Asia Pacific Europe Containers

2M rivals look to capitalise on Asia-Europe withdrawals

With Maersk Line and Mediterranean Shipping Co suspending a flagship loop on the Asia-Europe trade, other carriers are attempting to grab market share. The practice of aggressive pricing strategies will only add to the downward pressure on spot rates in the lead up to China’s Golden Week holidays

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CMA CGM has increased its pricing competition on the trade in a bid to grow market share twofold, according to one Asian carrier executive

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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