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Launch of new shipping alliances sparks delays in Europe; ‘19 containers of olive oil stuck in Rotterdam’

By COSTAS PARIS
April 4, 2017 3:14 p.m. ET

The launch of two global container-shipping alliances this week got off to a rough start, with cargo owners in Europe complaining of long delays to carry goods to Asia. The backlog is especially intense in northern European ports like Hamburg and Rotterdam where shippers say they have been asked by brokers to pay as much as three times the agreed freight rates if they want priority handling.

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