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. 

29 Apr 2016
Spot freight rates on the Shanghai-North Europe and Asia Mediterranean trades shot up this week.
26 Jan 2016
La Spezia Container Terminal in Italy saw its Asia focus continuing to pay off in 2015, with container volume rising 8 percent year-over-year and helping take its parent Contship Italia Group to a throughput of 6.3 million 20-foot-equivalent units for the year.
26 Jan 2016
A 50 percent drop in bunker prices in the past year is a welcome gift for container lines struggling in an oversupplied market, but even as cheaper fuel allows the carriers to cut operating costs, it will do nothing to address the surplus capacity that is severely undermining profitability.
22 Jan 2016
Orient Overseas Container Line reported a sharp drop in container volume and plunging revenue on the Asia-Europe trade in 2015, with a particularly dismal fourth quarter dragging down figures on the oversupplied route.
22 Jan 2016
Two weeks out from Chinese New Year and there is still no evidence of the traditional surge in cargo exports from China before the long holiday, with spot freight rates on Shanghai to North Europe and the Mediterranean declining sharply for the third week running.
16 Jan 2016
The Asia-Europe trade will continue to hog the headlines in 2016 with a return to the bear market of 2009 looking increasingly likely against a backdrop of slumping freight rates, stagnating traffic, surging surplus capacity and shrinking vessel utilization.
15 Jan 2016
The market completely ignored the Jan. 15 general rate increases levied by carriers on the Asia-Europe trades, with spot rates plunging 21 percent this week, according the latest reading of the Shanghai Containerised Freight Index.
13 Jan 2016
Maersk Line is still the world’s largest ocean carrier by capacity but its closest rivals, Mediterranean Shipping Co. and CMA CGM, posted higher fleet growth rates during 2015, according to Alphaliner.
13 Jan 2016
The G6 Alliance has announced a series of withdrawn sailings on the Asia-North Europe and Mediterranean trades for the post-Chinese new Year period when it is expecting demand to be weak.
08 Jan 2016
The freight rate volatility that characterized 2015 has continued into the New Year with spot prices falling across the major east-west trades and led by Asia-Europe and Mediterranean routes that gave back a good chunk of last week’s gains.
06 Jan 2016
Container shipping lines are making their first tentative push this year to raise freight rates on the troubled Asia-Europe and Mediterranean trades, despite the failure of GRIs to lift prices for any sustained period throughout 2015.
06 Jan 2016
Ocean freight rates for cargo moving under contracts on the major East-West trade routes continued to decline in the last quarter, according to Drewry’s Benchmarking Club that tracks a group of multinational retailers and manufacturers that monitor their contract freight rates.