Ocean Alliance expands trans-Atlantic route amid rate strength

Capt. John

CONTAINER carrier members of the Ocean Alliance are shifting post-Panamax ships from the trans-Pacific and Asia -Europe trades to the trans-Atlantic as global demand for Asian exports weakens. Although adding capacity will put downward pressure on rates, increasing trade between the US and Europe should buoy the trans-Atlantic market, according to IHS Media. Ocean Alliance’s ‘Liberty Bridge’ service from Europe to the US has gone from a Panamax-size service of 8,500 TEU to a post-Panamax...

https://www.seanews.com.tr/ocean-alliance-expands-trans-atlantic-route-amid-rate-strength/195207/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon