Around this time last year, Llew Russell, CEO of what was then Liner Shipping Services (LSS), told Fairplay that the northbound rate situation from Australia had stabilised. Lines could hopefully look forward to a degree of rate restoration, he said. He was right.rnHelped by a weak Australian dollar and recovering Asian economies, exports have been booming and, combined with service rationalisation and consequent better space utilisation, the way ahead continued to be promising.
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