The world's largest container shipping company recently ignited what appears to be the beginning of a new price war on the overseas trade routes. In early July, Maersk had announced a significant rate increase on container routes from Asia to Europe. French company CMA CGM later joined suit and slightly raised their rates as well.
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Danish maritime freight forwarders surprised by the prospect of a price war
MSC's announcement of lower container rates at the beginning of the peak season creates heightened uncertainty
Morten Høgsberg Nielsen, CEO of Air & Sea at Alpi. Stefan Steinn / Alpi
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