Cosco had a 10.3 percent share of capacity on the east coast of South America-to-Far East route earlier this year, and has plans to grow that with extra loaders and bigger vessels through the remainder of 2019.
25 Jun 2019
Asia to East Coast South America rates are on the rise, despite capacity rising by almost 8 percent this year.
16 Oct 2018
Although still in the early schedule-setting process, a likely new joint venture will leave Asia-east coast of South America shippers with fewer, larger ships and one less service, so says a shipping industry expert.
18 May 2018
Although volumes and rates on the Asia to east coast South America trade are rising, capacity is not keeping pace, and one substantive business model reason may be at the heart of why ocean carriers are reluctant to ramp up service.
11 Apr 2018
Shippers looking to send goods from Latin America west — especially from Mexico — to China and the Far East, and in the other direction, have a growing list of options after the launch of three new services.
05 Feb 2018
Price-wise, the Asia to East Coast of South America is one of the most volatile trade lanes in global trade — which is why analysts argue shippers should not use the trade’s spot rate to predict May service contract rates.
31 Jan 2018
Hamburg Süd has withdrawn from a vessel-sharing agreement on the Asia-west coast of South America routes and will offer new services on the fast-growing trade.