Asia-Europe

One of the most important trade lanes on the globe, the Asia-Europe trade is where mega-ships are typically deployed first after entering service because of the high level of trade between these regions. Ships on this route typically transit the Suez Canal, but low fuel prices and receding ice sheets in the Arctic have some carriers experimenting with routes around the Horn of Africa and Russia. 

20 Jan 2017
The deployment of larger ships and economic weakness in some eastern markets will weigh on spot rates, according to Drewry Shipping Consultants.
16 Jan 2017
Asia-Europe container carriers are breathing a sigh of relief as traffic edged higher in 2016, despite another dull peak season, reversing the previous year’s slump.
13 Jan 2017
Spot rates on Asia-Europe are still well above last year's levels with tight space supporting prices.
10 Jan 2017
Market uncertainty is seeing Asia-Europe shippers and carriers sitting on the fence rather than at the service contract negotiating table.
06 Jan 2017
After a strong finish to the year, spot market rates on the Asia-Europe and Asia-Mediterranean trades declined slightly this week.
05 Jan 2017
The last time the WCI composite index exceeded $1,700 per 40-foot-equivalent unit was in March 2015.
03 Jan 2017
The sharp increase in freight rates at the end of 2016 will be temporary, with overcapacity dragging prices back down after Chinese New Year, according to industry watchers.
30 Dec 2016
Spot rates on Asia-Europe have managed to hold on to gains as 2016 draws to a close, continuing a steady upward trend that began in March.
27 Dec 2016
The Asia-Europe spot rate rose this week.
16 Dec 2016
Asia-Europe spot rates showed some slight weakness but kept to levels ocean carriers sought through the Dec. 1 rate hike push.
15 Dec 2016
Asia-Europe and trans-Pacific contract rates are set to rise through 2017.
09 Dec 2016
Rising spot rates as 2016 winds down will not be enough to lift carrier margins back into profitability, but the upwards trend will be a welcome relief after a year to forget.