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 May 2016
Carriers throw GRIs, rate restorations, peak season surcharges and even "structural revenue recovery programs" at shippers as spot rates fall.
18 May 2016
An analysis by Alphaliner has determined the capacity shares of the three major shipping alliances on major east-west trades after news of the THE Alliance broke.
13 May 2016
General rate increases on the trans-Pacific and Asia-Europe trades failed to take hold.
13 May 2016
Hyundai Merchant Marine is working to assure the shipping public that it will continue to remain operational after the revelation that the South Korean carrier had been left out of the world’s newest shipping alliance, THE Alliance.
THE Alliance Mitsui O.S.K Lines, NYK Line, "K" Line, Hanjin Shipping , Hapag-Lloyd and Yang Ming Line
13 May 2016
The line up of the new alliance aimed at competing with the 2M and Ocean Alliance has been announced.
09 May 2016
Maersk Line CEO Soren Skou gives his thoughts on how the carrier is adjusting to the changing contract to spot market ratio on the major trades.
06 May 2016
There is not much in the container line tool box to address low rates. Carriers are loath to idle too much capacity or blank too many sailings lest they lose market share, and general rate increases that are regularly imposed never stick for long.
29 Apr 2016
Spot freight rates on the Shanghai-North Europe and Asia Mediterranean trades shot up this week.
29 Apr 2016
Technology is playing an increasing role in the management of freight rates.
27 Apr 2016
The new Ocean Alliance will have the largest market shares of critical east-west trades.
25 Apr 2016
Betting on the troubled container shipping industry probably makes more sense than investing in it, and a bookmaker would be salivating at the permutations available to the eight shipping lines “orphaned” by the Ocean Alliance that was formed last week.
22 Apr 2016
There was little movement among spot rates on the Asia-North Europe and Asia-Mediterranean trades this week as carriers prepare for the May 1 general rate increases they hope will offer some relief.