Trade Lanes

Trade Lanes

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

Commentary

As we approach the TPM Conference in March, it’s hard to recall any year in the 15 years of this event when the industry was more unsettled, more dissatisfied and more uncertain of what the future holds. Such is the result of a monumentally troublesome 2014, when shippers and their providers absorbed more broadsides from more directions and with less notice than any year in memory.

News & Analysis

26 Mar 2015
HONG KONG — Speculation has been rife in the Singapore media about a possible tie-up between Neptune Orient Lines (NOL) a
25 Mar 2015
The Asia-Europe trade needs a system similar to the Transpacific Stabilization Agreement on the transpacific route so carriers can apply general rate increases and set surcharges in a more consistent and transparent way, a leading industry analyst says.
25 Mar 2015
Trans-Pacific spot rates fell 9 percent from last week to a 12-month low amid continuing congestion at U.S. West Coast ports, according to the container freight rate benchmark published by Drewry Maritime Research.
23 Mar 2015
HONG KONG — Supply growth is running away at twice the rate of demand growth expected in 2015, and the downward pressure
20 Mar 2015
Spot rates continued to tumble on the major east-west trades this week with the Asia-Europe price per 20-foot container hitting $620, its lowest rate in more than 18 months, according to the latest reading of the Shanghai Containerised Freight Index (SCFI).
18 Mar 2015
The agency responsible for the operation and management of the Panama Canal has asked for an international arbitration panel to review a $233 million award to the consortium expanding the waterway.
17 Mar 2015
Environmentalists and human rights activists warn that Nicaragua’s granting of a 100-year concession to a Hong Kong construction firm with unclear financial backing sets in motion a nightmarish scenario fraught with violence, depletion of the region’s largest source of freshwater and destruction of biodiversity.
13 Mar 2015
U.S. shippers importing goods from Asia to the West Coast are paying more in the spot market for ocean shipping but getting worse service in return, a function of carriers’ pricing power gained from strong demand and the effects of the congestion.
13 Mar 2015
The usually staid U.S.-South America ocean container trade is undergoing a shakeup, and it starts at the top of the carrier hierarchy.
13 Mar 2015
Freight rates fell on all major east-west trades this week with Asia-Europe recording $708 per TEU, its lowest level in almost 18 months, according to the latest reading of the Shanghai Containerised Freight Index (SCFI).