Starting June 9, Cosco and ANL will jointly operate Sino Australia Service with six vessel deployments, including five vessels from Cosco and one from ANL.
Trade Lanes
An overview of container trade, container lines and shipping line news.
News & Analysis
17 May 2013
Mediterranean Shipping Co. will increase rates on three of its trade routes, effective June 1...
17 May 2013
Cosco Container Lines will hike rates for all shipments, including refrigerated cargo, in its trade from the Far East to South America’s east coast, starting June 14.
17 May 2013
The Shanghai Containerized Freight Index saw further rate erosion in European lanes, pulling the overall SCFI index below the $1,000 per 20-foot container mark for the first time since February 2012, to $990.78.
17 May 2013
Shanghai Containerized Freight Index spot rates for U.S.-bound trade lanes slightly increased in the week of May 17, following five weeks of declines.
17 May 2013
Trans-Atlantic westbound rates saw another week of declines at an accelerated rate, moving to a new low of $2,027, according to the latest release of the World Container Index.
17 May 2013
Backhaul rates from Los Angeles to Shanghai saw a 7.6 percent increase in the week of May 16, according to the latest release of the World Container Index.
17 May 2013
Maersk Line swung to a $204 million operating profit in the first quarter from a $599 million loss a year ago, its fourth successive quarter in the black, driven by cost savings, higher freight rates and a lower fuel bill that more than compensated for flat container volumes.
16 May 2013
Containerized exports from Far East Asia to North America saw significant month-to-month and year-over-year jumps in March 2013, according to data from Container Trades Statistics, Ltd.
15 May 2013
CMA CGM, Maersk Line, Hamburg Süd, CSAV, China Shipping Container Lines and Hanjin will restructure their services between the Far East and South America’s east coast by launching three joint services in July.
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Commentary
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