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After some big rate increases at the mid-month point of June, we have seen a quieter week this week across the board of FBX routes. We shall see if Liner companies make further increases at the start of July or if they leave rates unchanged or drop them.

The Pacific loop FBX01 (China/East Asia – US West Coast) was up by $89 from the end of last week and is up $2,955 since the start of June, ending the week at $6,180. Rates from the Far East to the USEC FBX03 (China/East Asia – US East Coast) decreased by $208 to end the week at $7,869, and up $2,787 since the start of the month.

Rates into the North Continent represented by FBX11 (China/East Asia – North Europe) decreased by $58 week on week, settling the week at $4,782 and up $1,814 from the start of June. Rates into the Mediterranean FBX13 (China/East Asia – Mediterranean) remained relatively flat just $10 less than last Friday, ending the week at $6,455, but up $2,091 from the beginning of the month.