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. 

14 Oct 2016
Spot rates on Asia-Europe recorded an increase this week, albeit a small one, surprising the market that was expecting the slump to continue well into the low season.