Asia

12 Jul 2014
Shipper groups began to react cautiously to the planned 10-year vessel-sharing agreement proposed by Maersk Line and Mediterranean Shipping Co. on east-west trades, dubbed “2M.”
12 Jul 2014
Wan Hai Lines plans to upgrade its intra-Asia service network by joining the West India-China direct service (WIN) operated by a consortium of NYK Line, X-Press Feeders, Hapag-Lloyd and Yang Ming Lines.
Weekly wrap-up for July 12, 2014
12 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association surprised watchers by announcing a 72-hour hiatus in their negotiations so that the union could deal with unrelated talks in the Pacific Northwest, and by extending the expired coastwide contract during the suspension of negotiations.
Containerized exports from the United States fell 0.7 percent year-over-year in May.
11 Jul 2014
Containerized exports from the United States slid in May, the third year-over-year decline in five months.
Shanghai-Northern Europe SCFI
11 Jul 2014
One week after spot rate gains from Shanghai to the United States and Europe, rates on the Shanghai Containerized Freight Index dropped yet again.
Ocean carrier rate revision roundup for July 11
11 Jul 2014
Multiple container lines have planned general rate increases in several trade routes to take effect Aug. 1...
MSC vessel
11 Jul 2014
How much market share Maersk Line and Mediterranean Shipping Co. would control through the 10-year vessel sharing agreement they announced on July 10 will largely determine whether the pact meets a similar fate to that of the P3.
10 Jul 2014
The volume of containers shipped via major ports in India climbed nearly 4 percent year-over-year from April to June, the first quarter of fiscal year 2014-15, showing signs of a slight turnaround in global trade.
10 Jul 2014
The Philippine government will give vessels that call at the nearby port of Batangas, rather than at Manila, a 90 percent discount on docking fees over weekends from August in a desperate bid to clear the country’s chronically clogged terminals.
P3 broken links
09 Jul 2014
It ended so fast. With one statement, the countless hours and money spent over the last year to prepare for one of the biggest — if not the biggest — game-changers in global container shipping went up in smoke.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles stood at $1,800 per 40-foot container this week
09 Jul 2014
Spot rates from Hong Kong to Los Angeles slid slightly this week.

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