Suez delays and congestion in ports across Europe are slowing the return of equipment to Asia where it is needed for exports, leading carriers to advise shippers to expect container shortages in the coming weeks.
08 Apr 2021
The impact of the Suez Canal closure on Asia-Europe container supply chains is becoming clearer, with Hapag-Lloyd's CEO providing a grim short-term outlook.
01 Apr 2021
Container shipping lines are juggling port rotations to mitigate the coming post-Suez disruption at terminals serving Asia-Europe carriers as a wave of ships heads for ports at both ends of the trade.
30 Mar 2021
The long-term impact of the Suez Canal blockage on the Asia-Europe supply chain has tempered relief that the vital waterway has finally reopened and traffic is flowing again.
27 Mar 2021
The impact on the container shipping supply chain of the Suez Canal blockage will extend well beyond the refloating of the Ever Given.
17 Mar 2021
The addition of NileDutch to the Hapag-Lloyd network adds significant capacity in an expanding market.
02 Mar 2021
The trans-Atlantic has largely managed to avoid the extreme rate increases of the other east-west routes, but that may be about to change.
11 Feb 2021
Drewry's charter rate index is up 2.2 percent for February as COVID-19 lockdowns drive consumers to favor premium container cargoes.
24 Dec 2020
A surprisingly strong rebound in the US economy through November bodes well for the headhaul trade between Europe and North America in 2021.
24 Dec 2020
Carriers and forwarders have little visibility beyond February, but they believe the strong demand will continue in the Asia–Europe trade at least up until Chinese New Year.
26 Aug 2020
Spot rate developments are an indicator of what to expect from the long-term contract market, and current trends show the spot market on Asia–Europe continuing to increase, according to Xeneta.
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