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. 

01 Jul 2016
Hefty July 1 Asia-Europe GRIs have had the desired effect.
29 Feb 2016
Container and bulk ships transiting the Suez Canal fell in both number and tonnage terms in January, continuing a trend of declining traffic that gained momentum in the second half of last year.
19 Feb 2016
The slack season kicked in hard this week with spot rates on the Asia-Europe and Mediterranean trades, already at their lowest so far this year, dropping more than 20 percent, according to the latest reading of the Shanghai Containerized Freight Index.
05 Feb 2016
Steadily falling spot rates on the Asia to Europe and Mediterranean trades slowed to single digit declines this week with the majority of factories now closed for the Chinese New Year holiday period.
01 Feb 2016
In an increasingly uncertain container shipping market, price volatility is one of the few entirely predictable things left, was Drewry’s wry assessment of the wildly fluctuating freight rates on East-West trades.
01 Feb 2016
The January run up to Chinese New Year is traditionally a busy one for exporters as beneficial cargo owners try to ship their products out of the country before the three-week factory shutdown and the carrier service deletions, and space on container ships is often at a premium.
29 Jan 2016
Spot freight rates on the Asia-U.S. trades held their ground this week, actually rising slightly and ensuring most of the sharp gains made in the Jan. 1 rate increase were retained for the rest of the month.
27 Jan 2016
The volume of cargo handled by the container trade around the globe this year will increase by a relatively “decent” 4 to 5 percent, but this growth will not be nearly enough to make a dent in the enormous glut of vessel capacity that will continue to erode freight rates.
26 Jan 2016
Colombo International Container Terminal more than doubled its container throughput in 2015 as investment in capability to handle the world’s largest container vessels appears to be paying off.
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.