Trade Lanes

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

Commentary

 
The trans-Pacific eastbound trade is taking considerably longer than in the past to settle annual service contracts that will run through next April. Some ocean carriers walked away from large deals, while others are walking into them even at rates that appear to be below costs.

News & Analysis

 
25 May 2013
Hamburg Süd has christened two container ships, the Cap San Nicholas and the Cap San Marco, at the Hyundai Heavy Industries yard in Ulsan, South Korea.
Shanghai Containerized Freight Index, North Europe, week of May 24, 2013. Source: Shanghai Shipping Exchange
 
24 May 2013
The Shanghai Containerized Freight Index extended its decline in European lanes, despite recent general rate increases set for May 15 and future increases scheduled for early June and July.
Shanghai Containerized Freight Index, U.S. West Coast, week of May 24, 2013. Source: Shanghai Shipping Exchange
 
24 May 2013
Shanghai Containerized Freight Index spot rates for U.S.-bound trade lanes experienced moderate increases in the week of May 24, following general rate increases of $400 per 40-foot container moving from Asia to the U.S. West Coast and $600 per FEU from Asia to the U.S. East Coast implemented by USL and CMA CGM on May 21.
 
24 May 2013
Hapag-Lloyd will raise rates for all dry, refrigerated, flat rack and open top containers on its trade from East Asia to the U.S. and Canada, effective July 1...
 
23 May 2013
Yusen Logistics has expanded its direct less-than-containerload services by adding two new routes to its network...
World Container Index Between New York and Rotterdam. Source: World Container Index
 
23 May 2013
Trans-Atlantic eastbound and westbound rates inched up in the week of May 23, according to the latest release of the World Container Index.
World Container Index rates to Shanghai. Source: World Container Index
 
23 May 2013
Backhaul rates from northern Europe and the U.S. West Coast continued to dip this week, according to the latest release of the World Container Index.
Containerized exports from the Indian subcontinent and the Middle East to Europe. Source: Container Trades Statistics
 
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.
 
23 May 2013
Hapag-Lloyd will revise three of its trade routes...
 
23 May 2013
Zim will end its involvement in the two Northern Europe-related trans-Atlantic services that are currently part of its service offering, linervision reports.