APM Terminals and port owner Cearaportus hope to turn the Brazilian Port of Pecem into a regional east coast South America hub.
11 Jul 2016
Spot freight rates on the Asia-east coast South America trade are “going through the roof.”
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.
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.
26 Nov 2015
Mitsui O.S.K. Lines, one of Japan’s three largest shipping firms, is thinking of withdrawing from the Asia to east coast of South America trade.
03 Sep 2015
Hyundai Merchant Marine has launched a new service connecting Asia and the west coast of Latin America.
01 Jul 2015
The Far East-South America trades are facing the threat of rate wars this month as carriers add significant additional capacity to an already oversupplied market, according to Alphaliner.
05 Jun 2015
Container ship lines are shaking up their alliances operating between Asia and the West Coast of South America.
19 Dec 2014
Carriers announced general rate increases that span into February this week, as spot rates around the globe respond to mid-December rate hikes. Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, jumped a cumulative 35.8 percent this week.
05 Dec 2014
Multiple container lines plan to attempt general rate increases in numerous trade lanes in December and January, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
03 Nov 2014
Canceled sailings and shrinking volumes are injecting more volatility on the Asia-east coast South America trade, Drewry says.
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.