Greg Knowler

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-Europe spot freight rates continued their steady march down from the year’s high reached on July 1.

More from Greg Knowler

Mega-ships like the CMA CGM Marco Polo, pictured calling at the Port of Ningbo, have had less to haul from China in recent months.
The first-half volumes at Chinese ports have remained flat.
The shipping industry is anxiously awaiting efforts by the Hong Kong government to help the territory's port cope with a number of issues it is facing.
News that the recently merged China Cosco Shipping would honor existing contracts until the Ocean Alliance takes effect follow industry rumors of mass shipper desertions from the company's constituent carriers, Cosco Container Lines and China Shipping Container Lines
China Cosco Shipping says all its shipper contracts are safe until the new Ocean Alliance kicks off next year.
OOCL is joining several other container lines an effort to prop up rates via general rate increases on August 1.
The August 1 rate increases on Asia to Europe and the Mediterranean are beginning to roll.
Container lines won't be able to scrap themselves out of their excess capacity situation.
Hong Kong continues its downward trajectory that has seen volume decline every month since July 2014.
The shipping industry is still trying to absorb containers purchased in 2014 as supply continues to exceed demand.
Container maker struggling amid weak demand, currency fluctuations and market slump.
Spot rates are unlikely to recover in the near future as the peaks of the peak season have in recent years become less pronounced.
Falling spot market and rising capacity don't bode well for Asia-Mediterranean freight rates.
HMM will be part of 2M from April 2017, and although container lines hope to have a smooth roll-out of the two new alliances, forwarders are not so sure and are planning accordingly.
HMM joining the 2M Alliance has pushed carrier management to the top of the forwarder agenda.
The Asia-Australia trade will get a new shipping consortium.