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Average container freight rates for Chinese exports have dropped 28 percent since the start of the year, posting the worst first quarter development of the past twenty years.

#bimco #chinacontainerizedfreightindex #ccfi #freightrates #china #shipping

Worst Q1 in twenty years, container freight rates from China down 28%
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Worst Q1 in twenty years, container freight rates from China down 28%

Trades to Europe and Mediterranean have suffered the biggest drop in average rates since the beginning of the year.

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