Trade Lanes

An overview of container trade, container lines and shipping line news.

Commentary

In my 42-plus years in the industry, I’ve seen many variations of what we now call alliances — joint services, slot-charter arrangements, vessel-sharing agreements, alliances and now mega-alliances — and more no doubt will follow.

News & Analysis

The Fortunagracht, which is being employed on the Cleveland-Europe Express.
17 Apr 2014
Interest in a container and breakbulk service between Cleveland and North Europe launching this month has been fueled by erratic service at U.S. East Coast ports and unreliable service via surface transportation, according to users of the service.
Drewry Container Rate Benchmark, April 16, 2014.
16 Apr 2014
The Drewry benchmark rate for shipping from Hong Kong to Los Angeles rose this week after three weeks in a row with no positive movement.
16 Apr 2014
The “Daily Maersk” product was supposed to solidify Maersk’s position as the leading carrier on the Asia-North Europe trade, but less than three years after its launch, Maersk has lost market share in the lane and triggered a rate war, setting the stage for a carrier showdown, Alphaliner said in its latest newsletter.
U.S. containerized imports, March 2013 to March 2014
14 Apr 2014
U.S. containerized import volume jumped 15.1 percent year-over-year in March 2014, the largest increase in 13 months, according to advance figures from PIERS, the data division of JOC Group Inc.
The SCFI for North Europe dropped 6.9 percent in the week ending April 11.
11 Apr 2014
Spot container freight rates measured by the Shanghai Containerized Freight Index were mixed this week, as the Asia-Europe lane observed declines while the Asia-U.S. route saw gains.
Ocean Carrier Rate Revision Roundup for April 11
11 Apr 2014
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.
Drewry Container Rate Benchmark, April 9, 2014.
09 Apr 2014
The Drewry benchmark rate for shipping from Hong Kong to Los Angeles was flat in the week of April 9, remaining at its lowest level since December 2013 at $1,836 per 40-foot container.
Carlos Martinez-Tomatis
09 Apr 2014
Carlos Martinez-Tomatis, division vice president of ABF Global, sees 2014 as a challenging year for NVOCCs in the trans-Pacific.
Container ship in Hamburg, Germany.
08 Apr 2014
The 2013 financial reporting season for container lines ended for many carriers in a sea of red ink as high bunker prices and weak freight rates combined to drag down profits.
07 Apr 2014
Hapag-Lloyd was first carrier to announce the westbound May rate increases even as April 1 GRIs struggle to lift a market weighed down by overcapacity and weak demand.