Samudera sees freight rates start to soften. (31-OCT-05) Europe Intelligence Wire

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Samudera sees freight rates start to soften.

Publication: Europe Intelligence Wire

Publication Date: 31-OCT-05

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(From Lloyds List)

Byline: Marcus Hand in Singapore

ASIAN container line Samudera Shipping Line said that while charter rates are beginning to come down, freight rates are set to follow.

'Charter hire rates are beginning to soften, thereby reducing the group's costs. However, freight rates are expected to become...

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