Asia-Europe

Asia-Europe

Ocean carrier rate revision roundup for Nov. 21
21 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
21 Nov 2014
Spot rates on the Asia-Europe trade plunged 13.3 percent this week to $809 per 20-foot container, the third straight week of heavy declines since the Nov. 1 general rate increases failed to stick, according to the latest reading of the Shanghai Containerised Freight Index (SCFI).
20 Nov 2014
Zim Integrated Shipping Services’ net loss narrowed in the third quarter as the Israeli ocean carrier started to benefit from a $3.4 billion debt restructuring.
17 Nov 2014
The Asia-North Europe trade faces a “huge” impact from the influx of more than 50 ultra-large container vessels over the next 15 months, Drewry shipping consultants say.
Ocean carrier rate revision roundup for Nov. 14
14 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Ocean carrier rate revision roundup for Nov. 7
07 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
07 Nov 2014
A rapid rise in spot rates on the Asia-Europe trade following a host of general rate increases failed to hold on to last week's gains, sliding more than 10 percent to $1,175 per 20-foot container, according to the latest Shanghai Containerised Freight Index reading released today.
06 Nov 2014
Rates from Asia to Northern Europe nearly doubled this week while trans-Atlantic rates dipped to new lows, according to the latest readings from the World Container Index.
03 Nov 2014
The much-hyped north-south liner routes aren’t living up to their billing as the future of container shipping in the new low-growth environment that followed the global financial crisis.
Ocean carrier rate revision roundup for Oct. 31
31 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
31 Oct 2014
Freight rates on the Asia-North Europe trade lane came roaring back this week, almost doubling the previous week’s spot rate as carriers slashed capacity on the route and levied general rate increases.
30 Oct 2014
Hanjin Shipping recorded its first quarterly net profit since the end of 2010 in a turnaround driven largely by cost cuts and currency gains that saw the Korean carrier posting third quarter net earnings of $39 million.