An experienced writer and editor with 25 years in journalism, Greg Knowler serves as senior editor for Asia for the JOC.

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Asia-Mediterranean spot rates rose sharply on the back of May 1 general rate increases this week, but a host of GRIs on the Asia-Europe trade were unable to stem the sliding container prices, according to the Shanghai Containerized Freight Index (SCFI).

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Cosco container ship in Port of Oakland
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Maersk container ship
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HIT in Hong Kong
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container shipping at Port of Oakland
Forget faster shipping services and press container lines for better reliability is the advice from Drewry to shippers prepared to pay a premium for expedited options.
Huge feeder networks required to serve the mega-vessels calling at Singapore and the growing number of connections generated by shipping alliances are placing the port under growing pressure.