Asia-Middle East Archives - Maritime Shipping News

On the wires: The container freight story at a granular level

14 January 2021

Alphaliner published an interesting note this week which looked at the extraordinary performance of container freight rates, but at a granular level.
Analysing the recent gains on the Shanghai Containerised Freight Index – which charts nine deepsea trades out of Shanghai, in addition to four intra-Asia routes – and dividing the headhaul freight rate with the nautical distances between Shanghai and each trade’s base port to give the dollar earned per …

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HMM joins THE Alliance’s three-loop Asia-Middle East network

24 February 2020

HMM has muscled its way into THE Alliance’s Asia-Middle East offering in the newly launched network.
However, the South Korean carrier has still not decided to participate in THEA’s transatlantic network, after it pulled out of its slot charter deal with the 2M in May 2018, following months of heavy losses and being obliged to compensate Maersk and MSC for the 700 slots a week deal.
When THE Alliance published its expanded …

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https://theloadstar.com/hmm-joins-the-alliances-three-loop-asia-middle-east-network/

Hapag-Lloyd and ONE expand services for Africa market with new launch

15 July 2019

THE Alliance members Hapag-Lloyd and Ocean Network Express (ONE) have continued the strategy of extending a joint offering into secondary trades, today announcing the launch of a service connecting India, the Middle East and Africa.
The Middle East-India-Africa Express (MIAX) service – alternatively known as the AIM service by ONE – is set to launch in October and will connect ports in the Arabian Gulf, India, Colombo (Sri Lanka), La Réunion, …

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https://theloadstar.com/hapag-lloyd-and-one-expand-services-for-africa-market-with-new-launch/

Economic double-whammy and softening demand add to pressure on box carriers

22 January 2019

A slowdown in European economies and fallout from US-China trade war has upped the risk factor for ocean carriers this year, according to the latest analysis by research and consultancy firm Maritime Strategies International (MSI).
The consultant says there could also be softer demand on secondary lanes this year, which will add to the industry’s woes.
In its latest Container Shipping Forecaster, MSI says that, while demand on the major trades “remains …

The post Economic double-whammy and...

https://theloadstar.co.uk/economic-double-whammy-and-softening-demand-add-to-pressure-on-box-carriers/