Maersk Line predicts strong demand on Europe-Asia trades through to Chinese New Year on February 10.
“Vessels are currently full and have been so since the middle of December last year,” Lars Mikael Jensen, head of Asia-Europe trade, Maersk Line, told JOC. ”We expect continued strong volumes both for Mediterranean and North Europe all the way up to Chinese New Year.”
Maersk Line announced a peak-season surcharge of US$350 per TEU effective Jan. 10, and Jensen said he expects to see freight rates increasing in the short term.
“The PSS will apply to all dry cargo moving from Far East Asia to Northern European and Mediterranean destinations,” he added.
“2013 is still early days, but the year is off to a much better start compared to 2012. That said, structurally the weak European economy is expected to limit trade growth in 2013.”
Contact Mike King at firstname.lastname@example.org.