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World: Diversions push freight rates up again, with main routes 40 per cent higher

  • Asia–Europe voyages around twelve days longer, raising fuel costs
  • Spot rates up roughly 40 per cent year on year; annual contract talks pushed back
  • Retailers are ordering early, with Christmas stock already committed

Carriers confirm they will keep routing the long way round. Asia–Europe voyages are around twelve days longer, and the cost is beginning to reach retailers.

International business team World 1 min read 437 comments 1,180 shares
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