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Members of the Transpacific Stabilization Agreement are recommending two $600 general rate increases and a $400 peak season surcharge.
Container derivatives broker at Freight Investor Services in London cites reports that Maersk is cutting rates to Europe.
Crew on Maersk Tigris remains safe and are in good spirits, according to the Danish ocean carrier.
Changes to Maritime Security Program could harm other U.S.-flag carriers.