Asia-Europe

Asia-Europe

18 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in August, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Weekly wrap-up for Aug. 16, 2014
16 Aug 2014
Diversions related to the ongoing negotiations on the U.S. West Coast between the International Longshore and Warehouse Union and the Pacific Maritime Association continue to have an impact elsewhere.
The SCFI Shanghai-U.S. East Coast rate slipped just 0.2 percent week-to-week to $4,178 per 40-foot container.
15 Aug 2014
Growing volumes to the U.S. East Coast caused by cargo diversions and peak-season demand have buoyed spot rates on the lane.
Acting OOIL CFO Alan Tung
11 Aug 2014
Hong Kong-listed Orient Overseas (International) Ltd. reported a first-half net profit of $181 million as revenue and volume at its liner shipping division OOCL increased even though revenue per 20-foot container fell more than 5 percent.
Yantian international container terminal. Photo: lzf / Shutterstock.com
10 Aug 2014
Asia’s ports reported strengthening of container throughput in the first half as the economic recovery of the U.S. and Europe drove up consumer spending and new export orders flooded into Chinese factories.
Ocean carrier rate revision roundup for August 8
08 Aug 2014
Major container lines announced general rate increases taking place in mid-August through October this week.
The Shanghai Containerized Freight Index for northern Europe ports fell 7.8 percent this week.
08 Aug 2014
Spot rates from Asia to northern Europe continued a trend of peaks and valleys this week, giving up nearly half of pricing gains achieved around Aug. 1 general rate increases.
01 Aug 2014
The G6 Alliance is performing abysmally compared with its competitors when it comes to schedule reliability, according to a new SeaIntel report.
SCFI: Shanghai to Northern Europe
01 Aug 2014
August general rate increases have given a boost to spot rates on all of the major lanes this week.
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.
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.
28 Jul 2014
A rise in traffic from Asia to Mediterranean ports has led to tight capacity and a substantial rise in spot prices.