Niche carriers either greatly overperform or dramatically underperform the top 16 carriers.
06 Jan 2016
The trans-Atlantic container trade is heading for further volatility this year after shedding its “boring” tag in 2015. But it also looks like one of the rare routes where carriers can turn a profit in a year many fear will be the toughest the industry has faced since the 2008-2009 global financial crisis.
06 Jan 2016
Ocean freight rates for cargo moving under contracts on the major East-West trade routes continued to decline in the last quarter, according to Drewry’s Benchmarking Club that tracks a group of multinational retailers and manufacturers that monitor their contract freight rates.
04 Jan 2016
North Europe’s stagnant economy is expected to produce a decline in container volume at the region’s ports during the first half of 2016, Hackett Associates and the Hamburg-based Institute of Shipping Economics and Logistics said.
21 Dec 2015
Ocean carriers are facing a second consecutive year of shrinking container traffic on the troubled trade from Europe to the east coast of South America as the key Brazil economy is in a “real funk,” according to Drewry Maritime Research.
22 Oct 2015
G6 Alliance carriers have suspended a trans-Atlantic service, the latest sign liners are pulling back capacity after spot rates hit the lowest level in more than a year. The move follows the downgrading of a trans-Atlantic service by members of the 2M Alliance.
16 Oct 2015
Increased vessel capacity continues to weigh on trans-Atlantic container spot rates, which this week remained near their lowest levels of the year, according to the World Container Index posted on JOC.com’s Market Data Hub.
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