Asia-North Europe

Early AE2/Swan return would add to the pressure on Asia-Europe carriers

The Shanghai Containerized Freight Index (SCFI), published today after a break for the Chinese Golden Week holiday, reveals a sharp contrast in fortunes for the major carriers.
The decision by Asia-North Europe carriers to blank or suspend 11 headhaul voyages this month appears to have halted the slide in spot rates on the route, the SCFI component virtually unchanged at $731 per teu.
However, if the 2M Alliance reactivates its AE2/Swan loop earlier …

The post Early AE2/Swan return would add to...

https://theloadstar.co.uk/early-ae2swan-return-add-pressure-asia-europe-carriers/

2M decision to reactivate AE2/Swan service early prompts freight rate warning

Freight rates on Asia-North Europe trades could be set to fall steeply at the end of the year if 2M partners Maersk Line and MSC follow through on their plan to relaunch the suspended AE2/Swan service at the beginning of December.
According to new research from Alphaliner, the 2M plans to reactivate the service on 5 December, much earlier than many industry experts expected.
December is traditionally one of the slackest months …

The post 2M decision to reactivate AE2/Swan service early prompts...

https://theloadstar.co.uk/2m-decision-reactivate-ae2swan-service-early-prompts-freight-rate-warning/

Rush for space on Asia-Europe as box carriers spark new capacity crunch

North European shippers are scrambling to book space on October sailings to Asia ahead of a new capacity crunch.
The decision by ocean carriers to void 11 voyages from Asia to North Europe nest month to halt the slide in container spot rates will result in a similar number of cancelled backhaul sailings in November and December.
One UK forwarder told The Loadstar today he was encouraging his customers to bring forward as …

The post Rush for space on Asia-Europe as box carriers spark new capacity...

https://theloadstar.co.uk/rush-space-asia-europe-box-carriers-spark-new-capacity-crunch/

+ More