Intra-Asia

Intra-Asia

Ocean carrier rate revision roundup for July 25
25 Jul 2014
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Far East Asia — Exports to South and Central America. Source: Container Trades Statistics
15 Aug 2013
Containerized exports from Far East Asia to all reported regions, with the exception of South and Central America, experienced growth in June 2013, according to data from Container Trades Statistics Ltd. Exports to the Indian subcontinent and the Middle East as well as Sub-Saharan Africa experienced double-digit growth. Latin America saw the only dip in Far East Asian export volume, although it was a small decline. “Global trades have continued to display promising signs in June, indicating that ocean carriers are starting to capitalize on a rise in demand for containerized cargo,” CTS said in a recent release.
09 Aug 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in August, September and October.
09 Aug 2013
The South Korea carrier's net loss widened in the second quarter as growth in cargo demand lagged capacity, putting downward pressure on rates.
09 Aug 2013
OOCL, Golden Sea Shipping and Gold Star Line will launch a joint intra-Asia service connecting Vietnam, Thailand and Malaysia.