Drewry: Box Rates on East-West Routes above 5-Year Average

Spot container freight rates on the major East-West routes reached a 20-month high this week and have risen above the average of the last 5 years, according to shipping consultancy Drewry.

Alphaliner: Battle Lines on East-West Routes Being Drawn

Although the new carrier alliances will only start operating from April 2017, battle lines on the main east-west routes are already being drawn, after the OCEAN Alliance and THE Alliance unveiled the respective service networks, according to Alphaliner.

East-West fuel oil swap spread at widest on record, amid strong Singapore bunker demand

The price spread between FOB Singapore 180 CST high sulfur fuel oil and FOB Rotterdam barge fuel oil with maximum 3.5% sulfur, widened to a record high at Friday’s...

Asia-U.S. Trade Growth Adds to East-West Ports Rivalry

A recovering U.S. economy and stronger dollar have spurred imports from Asia. While that should...

East-West contract rate erosion moderates

Container freight rates for cargoes moving under contracts on major East-West routes have...

Key shipping alliance on East-West trades likely to be approved in Q2: Maersk

Global container shipping company, AP Moller Maersk, expects the P3 Network -- an alliance...