SeaIntel: Each Alliance Should Close a Service to Cut Asia-Europe Capacity Influx

Each container carrier alliance will need to close one service in the Asia-Europe trade line so as to cut the significant capacity increase driven by expected phase-in of the new large vessels into the trade, according to SeaIntel Maritime Analysis.

Optimism high for Asia-Europe ocean lanes after heavy month-on-month volume gains

Ocean volumes on Asia-Europe trade lanes eastbound and westbound are expected to surge in the coming months, according to the latest survey results for The New APAC Forwarding Index being developed by Mike King & Associates and Logistics Trends & Insights

Maersk Line to Up Asia-Europe Freight Rates from July 1

Danish container shipping giant Maersk Line revealed its intention to raise the freight rates from Far East Asia to North Europe to USD 1,450 per 20-foot equivalent unit (TEU), the company said on Tuesday.

Asia-Europe container freight rates collapse 78% this year

Container shipping freight rates on the Asia-Europe trade have plunged by 78% this year up until the week ended...

Asia-Europe container freight rates collapse 78% this year

Container shipping freight rates on the Asia-Europe trade have plunged by 78% this year up until the week ended 15 April, following two consecutive weeks of decrease, according to the Shanghai Containerised Freight Index (SCFI).

G6 Alliance drops 11 weeks of Asia-Europe services

The G6 Alliance has dropped 11 weeks of sailings on its loop 6 Asia-Europe service, as rates hit their lowest level so far this year. ...

Singapore 2015 box throughput dip 8.7% on decreased Asia-Europe volumes

The port of Singapore saw its container throughput contracted by 8.7% in 2015 amid the overall slowdown in the global shipping market, made worse by decreased Asia-Europe volumes and increased direct sailings on lower bunker prices. ...