From Weekly Market Pulse published no 22 Oct: Asia-Europe carriers are pushing
ahead with the 1 Nov rate hike, with higher spot rates offers already spreading
through the market.
Volumes are recovering after the Chinese holidays helped by pre-GRI bookings to
avoid the higher tariffs in November. Average utilization for vessels in the Far
East-North Europe service that departed last week reached 97%, the highest level
since 2Q 2024 with capacity still constrained due to post-Golden Week blank
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