Trade Lanes

Trade Lanes

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

Commentary

Beneficial cargo owners are celebrating an early Christmas. Anticipating the supply-demand ratios again were trending to the demand side for the year, trans-Pacific contract rates for major BCOs barely moved, if at all. To be sure, some inland point intermodal rates bumped up, but still aren’t close to the cost levels associated with providing the services.

News & Analysis

01 Jul 2015
The Far East-South America trades are facing the threat of rate wars this month as carriers add significant additional capacity to an already oversupplied market, according to Alphaliner.
24 Jun 2015
Hapag-Lloyd is raising rates on the East Coast of South America to Central and North America trade lane amid a recent shakeup in vessel-sharing agreement.
23 Jun 2015
Shippers on the over supplied Asia-Europe trade appear to be honoring their service contracts with container lines even as the spot market tumbles to new lows every week.
22 Jun 2015
An Indian-flagged cargo vessel carrying containers sank in the early morning hours of Monday about 40 nautical miles off the Mumbai coast, according to Indian maritime agencies.
20 Jun 2015
The recent plunge in spot rates for trans-Pacific container shipments doesn’t reflect what cargo interests will pay as a result of recently negotiated service contracts with carriers for the coming year.
18 Jun 2015
Next year’s expansion of the Panama Canal could boost U.S. East Coast ports’ share of Asian containerized imports by as much as 10 percentage points, according to a new study that contrasts with more conservative forecasts.
17 Jun 2015
An index measuring spot rates to ship a 40-foot container from Hong Kong to Los Angeles this week fell to a more than four-year low, a plunge somewhat explained in part by seasonal decline in demand, but still an ominous sign to carriers seeking general rate increases over the coming months.
17 Jun 2015
A new weekly intra-Asia service will give Indonesian and Malaysian shippers better access to the transshipment hubs of Singapore and Port Klang, Malaysia starting later this month.
08 Jun 2015
Declining U.S. exports are offsetting U.S. imports and confronting container lines with tough decisions in the Mediterranean-North America trade.
08 Jun 2015
LONDON – Eurotunnel, the operator of the subsea rail link between the U.K. and France, has sold its ferry operation to rival carrier DFDS a year after British regulators demanded its withdrawal from the cross-Channel route.