Time has come for the carriers to get the rates up ex Asia.
Seems that NYK is starting the game today:
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Please be advised that NYK will implement 2014 Structural Revenue Recovery (SRR) program for Westbound with effect from 1st November 2014.
Effective date: 1st November 2014
Quantum: Westbound US$ 920 per TEU
Routes involved:
From: Asia (Including Japan)/ Indian Sub-continent
To: North Europe/ Mediterranean/ East Mediterranean / Adriatic/ Black Sea
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