CMA CGM plans to revise two service loops between North Europe and South America’s east coast as of mid-April.
23 Dec 2013
Hapag-Lloyd and CSAV have much to gain by joining forces, but the German and Chilean ocean carriers will face difficulties striking a financial deal, according to Drewry Maritime Research.
12 Dec 2013
Cascading of large container ships from the Asia-Europe market into North-South trades is significantly eroding pricing in those markets, according to Drewry.
25 Sep 2013
July's containerized export volume from Europe to North America reached its high since the JOC began collecting this data in January 2011, according to data from Container Trades Statistics. Exports rose year-over-year to all regions, with the exception exports to the Indian subcontinent and the Middle East, for a second straight month.
21 Aug 2013
Containerized exports from Europe to Far East Asia increased year-over-year for the fifth straight month in June 2013, according to data from Container Trades Statistics. Exports rose to all regions except the Indian Subcontinent and the Middle East; volume in that trade fell more than 2 percent. The biggest regional increase was seen in shipments from Europe to Far East Asia.
06 Aug 2013
The volume of containerized exports from South and Central America to North America in May climbed to its highest level since October 2011, according to data from Container Trades Statistics, Ltd. Latin American exports saw increases in almost all trade lanes, with the exception of a large decline to sub-Saharan Africa.
02 Aug 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in
25 Jul 2013
Effective Aug. 1, Maersk Line will boost rates on its trade from South Africa to the Middle East and Indian subcontinent by $100 per 20-foot container.
23 Jul 2013
Containerized exports from Europe increased in May year-over-year, according to data from Container Trades Statistics. All regions except the Europe-North America trade lane saw increases for a second month.
09 Jul 2013
Containerized export volumes from South and Central America rebounded from a disappointing March to an encouraging April that saw increases in exports in almost all lanes, with the exception of a drop to sub-Saharan Africa, according to data from Container Trades Statistics, Ltd.
24 Jun 2013
Containerized export volume from Europe to the main regions of the world showed year-over-year increases in all trade lanes in April 2013, according to data from Container Trades Statistics, Ltd. The highest increase was seen in the Europe to sub-Saharan Africa lane, which jumped by more than a quarter.
10 Jun 2013
Mediterranean Shipping Co. has scheduled a rate increase for July 1 for all dry cargo on its trade from North Europe, including the U.K., to the Far East, including Japan.