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Containerized imports from Asia to the Mediterranean in March shrugged off Europe’s economic woes to post their&nbsp;highest volume since January 2019, according to the latest figures from Container Trades Statistics (CTS).&nbsp; Volume from Asia to the Mediterranean surged 22% year over year in March to 568,000 TEUs, with Sea-Intelligence Maritime Analysis data showing offered capacity during the month shot up by 166,000 TEUs to 613,111 TEUs as carriers reinstated sailings blanked in February.&nbsp; “March volume on the Far East to both East and West Mediterranean was amazingly strong considering that March last year was at the peak of the market,...

A surge in volume from Asia to the Mediterranean in March has carriers injecting capacity into the trade to capture growing demand from southern Europe.

Container shipping

Container lines

Asia-Europe

Asia-Med container volumes hit four-year high in March: CTS 

Ocean carriers’ schedule reliability rose in April amid falling volumes 

Market headwinds push CMA CGM Q1 revenue, profit sharply lower

CBP rules US chassis manufacturer evaded tariffs on China-sourced parts

Shippers bemoan lack of progress in ocean visibility despite heavy investment 

Hydrogen-driven barge debuts on Europe’s inland network 

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The port congestion in Asia and North America that compromised vessel on-time performance during the pandemic began to ease last fall with declining cargo volumes, and the reliability improvements have accelerated since. 

The carrier's CEO said inflation and destocking in global markets heralded a “phase of normalization” for container shipping.

The ruling could place an additional burden on US chassis manufacturers to ensure their subcontractors are using US materials or paying duties on parts from China. 

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Ocean carriers’ schedule reliability rose in April amid falling volumes

Market headwinds push CMA CGM Q1 revenue, profit sharply lower

CBP rules US chassis manufacturer evaded tariffs on China-sourced parts