Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.
03 Jun 2013
Ocean carriers deploying new mega-ships are undermining freight rates on the Asia-Europe trade, and the cascading of vessels is putting pressure on other lanes, according to Hanjin Shipping’s top container shipping executive.
31 May 2013
Hapag-Lloyd will increase rates from East Asia (excluding Japan) and the Persian Gulf.
23 May 2013
Containerized exports from the Indian subcontinent and the Middle East to regions in Europe, Africa, and the Americas saw significant growth in March 2013, according to data from Container Trades Statistics.
16 May 2013
Containerized exports from Far East Asia to North America saw significant month-to-month and year-over-year jumps in March 2013, according to data from Container Trades Statistics, Ltd.
14 May 2013
Compañía Sud Americana de Vapores will modify the northbound rotation of its U.S. Gulf service by introducing a direct call at Cartagena, Colombia, in replacement of Caucedo, Dominican Republic.
10 May 2013
Emirates Shipping Line will raise rates on trade from the Far East and Southeast Asia to the Middle East, starting May 15.
09 May 2013
Cosco Container Lines will raise rates for all shipments on two of its trade routes...
30 Apr 2013
Hapag-Lloyd will boost rates for all cargoes and container types on its trade from Japan to the Persian Gulf, starting June 1. The increase will be $300 per 20-foot-equivalent unit.
30 Apr 2013
Containerized exports from the Indian subcontinent and the Middle East to Australasia/Oceania extended to grow in February 2013, the 12th double-digit year-over-year increase in the past 14 months, according to data from Container Trades Statistics, Ltd.
25 Apr 2013
After years of double-digit growth in container shipments to the Middle East, a softening of demand in the last 12 months
17 Apr 2013
Containerized export volume from Far East Asia to Australasia/Oceania showed an increase of almost 20 percent in February 2013 over the same month in 2012, according to data from Container Trades Statistics, Ltd.