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IIT Bombay suicide case: Student s father demands CBI probe, questions SIT s inquiry

Darshan's father said, The fact is that the Powai police did not find the suicide note, but the SIT did on March 4 and told us about it only on March 14. I may even move to courts if my demand for CBI inquiry is not accepted by the government.

Container priority-loading premium the new normal in Asia as shippers struggle for space

Container priority-loading premium the new normal in Asia as shippers struggle for space Go premium or go home is the new motto in the Asian container markets, with shippers struggling to get hold of ships and carriers assuring availability only when customers pay a premium over the Freight All Kind, or FAK, market sources said. The premium can range from 50% to 70% over the FAK rate, or between $2,000/forty-foot equivalent unit and $3,500/FEU for Southeast Asia to US and Europe routes, according to market sources. These premiums come on top of the recent runup in container spot freight rates, where prices to North America from Asia have risen nearly three-fold over the last six months to a record high of $5,300/FEU on Feb. 8. Container rates to Europe from Asia are also at an all-time high of $8,500/FEU Feb. 8 compared with $1,700/FEU in September 2020.

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