Trade Lanes

Trade Lanes

An overview of container trade, container lines and shipping line news.

Commentary

In my 42-plus years in the industry, I’ve seen many variations of what we now call alliances — joint services, slot-charter arrangements, vessel-sharing agreements, alliances and now mega-alliances — and more no doubt will follow.

News & Analysis

Spot rates to northern Europe jumped 20.9 percent this week
01 Aug 2014
August general rate increases have given a boost to spot rates on all of the major lanes this week.
Ship engine telegraph pointing to ahead slow.
01 Aug 2014
Diversions from the West Coast to avoid longshore labor negotiations are creating delays of up to two to three weeks for some ocean cargo moving from Asia to the U.S. East Coast, according to a freight forwarder.
31 Jul 2014
Mitsui O.S.K. Lines Ltd. reported a sharp deterioration in its container-shipping financials for its fiscal first quarter ending on June 30th and said that rates during the remainder of its year would not recover to the degree it had projected.
31 Jul 2014
Interim result season is in full swing, and the financial reports reveal carriers in the container-shipping industry searching for a silver lining.
30 Jul 2014
Expectations of a solid peak season from Asia to both Europe and North America could lead to higher ocean container freight rates in the third quarter, but the gains are likely to be only temporary.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles remained at $1,800 per 40-foot container for a second week.
30 Jul 2014
In a now familiar pattern, trans-Pacific spot prices held steady ahead of another general rate increase after dropping precipitously the week before.
Plane in blue sky
29 Jul 2014
Positive developments in China’s export space are raising expectations that the recent strong performance of air and ocean cargo volumes will extend into a solid peak season.
28 Jul 2014
A rise in traffic from Asia to Mediterranean ports has led to tight capacity and a substantial rise in spot prices.
26 Jul 2014
Hutchison Port Holdings Trust (HPH Trust) reported a 16 percent rise in first-half net profit on the back of improved U.S. and European cargo and greater transshipment volume.
The Shanghai-northern Europe spot rate slipped 2.2 percent to $1,203.
25 Jul 2014
Price drops continued to be reflected in the Shanghai Containerized Freight Index this week, as every major lane on the index saw spot rates fall.