Trade Lanes

Trade Lanes

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

Commentary

With the exception of Zim Integrated Shipping Services, all traditional east-west carriers now are entrenched in alliances that cover all three east-west trades. That’s never happened, and, although the day-to-day impact may not be noticeable, it represents the next stage in the war for survival among carriers, and could have wider impact on the pricing of services.

News & Analysis

Ocean carrier rate revision roundup for Oct. 31
31 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
31 Oct 2014
Freight rates on the Asia-North Europe trade lane came roaring back this week, almost doubling the previous week’s spot rate as carriers slashed capacity on the route and levied general rate increases.
30 Oct 2014
Hanjin Shipping recorded its first quarterly net profit since the end of 2010 in a turnaround driven largely by cost cuts and currency gains that saw the Korean carrier posting third quarter net earnings of $39 million.
27 Oct 2014
Slow European economic growth and political unrest in the Middle East is casting a “dark cloud” over recent container growth between the two continents. Drewry Maritime Research said.
27 Oct 2014
HONG KONG — The impact of low freight rates was vividly illustrated in Orient Overseas Container Line’s third
Ocean carrier rate revision roundup for Oct. 24
24 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
24 Oct 2014
Shanghai Containerized Freight Index spot rates from Asia to Europe continued a downward spiral this week, sinking below the $700 per 20-foot container mark to $697 per TEU.
Drewry spot rate chart
22 Oct 2014
General rate increases in the trans-Pacific count on participation from all carriers to be successful, and are hurt when one carrier or several discount prices on the eve of a hike, Transpacific Stabilization Agreement executive administrator Brian Conrad says.
Ships lined up at the Port of Long Beach. Source: @sbogucki12
21 Oct 2014
In a reminder of the parking lot that the San Pedro Bay became during the 2002 lockout by the Pacific Maritime Association of ILWU workers, container ships are backed up once again off the ports of Los Angeles and Long Beach waiting for days for a berth as gridlock descends on the largest port complex in the Americas.
Emissions Map
21 Oct 2014
The largest group of carriers in the trans-Pacific trade lane today unveiled a revised low-sulfur surcharge meant to tackle the costs associated with switching to the fuel in emissions control areas in North America on Jan. 1.