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    Asia-Europe rates drop to $540/TEU, some see mergers forced by plunge

    November 20, 2011
    SeaNews
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    Asia-Europe rates drop to $540/TEU, some see mergers forced by plunge

    ASIA-Europe rates fell again last week to a new low of US$540 per TEU, down 5.8 per cent week to week, according to the latest Shanghai Containerised Freight Index (SCFI) data.

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