Ocean rates from Asia to Europe and the Mediterranean increased last week, with prices of US$5,300/FEU to Europe approaching levels in the lead-up to the last Lunar New Year (LNY) back in January. Rates may already be increasing on pre-Lunar New Year demand as Asia-Europe/Mediterranean shippers need to ensure they move sufficient inventory out of […] The post Asia-Europe ocean rates continue to climb on early LNY rush appeared first on Container News .