Asia-US east coast

Transpacific box rates still slipping as tariff talk hangs over peak season

Container spot rates on the transpacific suffered again this week: Asia to the US east coast slumping by $250 per 40ft.
Following an 11% fall last week in spot rates to US west coast ports, this suggests the demand spike brought about by US importers looking to beat the 25% tariffs on Chinese goods in January has abated on the trade.
At its peak it saw volume growth of around 13%, year …

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https://theloadstar.co.uk/transpacific-box-rates-still-slipping-tariff-talk-hangs-peak-season/

New Loadstar LongRead: The Panama Canal

Since it opened its enlarged locks, the Panama Canal has won back all its market share of Asia-US east coast container traffic.
According to The Loadstar’s latest LongRead, the ability of lines to move far larger ships through the waterway’s locks, coupled with cut-price tariff incentives by Panama on the return leg of the journey, designed to encourage lines to convert round-the-world services into Asia-US East coast pendulum services, the canal …

The post New Loadstar LongRead: The Panama Canal

https://theloadstar.co.uk/new-loadstar-longread-panama-canal/

More blanked sailings on the cards as carriers fail to lift Asia-Europe spot rates

Despite blanking 11 sailings this month, carriers have so far failed in their efforts to lift freight rates between Asia and North Europe.
And with bunker prices some 40% higher than a year ago, the tradelane is in potentially sub-economic territory.
Fortunately for ocean carriers, their transpacific trades are enjoying a post-peak season boom ahead of punitive 25% import tariffs due to be imposed by the US on a wide range of …

The post More blanked sailings on the cards as carriers fail to lift...

https://theloadstar.co.uk/blanked-sailings-cards-carriers-fail-lift-asia-europe-spot-rates/

Carrier efforts to stabilise Asia-Europe capacity keep spot rates steady

Carrier action to curtail capacity on the Asia-North Europe trade this month appears to have been a success, judging by this week’s Shanghai Containerised Freight Index (SCFI).
After several weeks of declining spot rates following China’s Golden Week holiday and this year’s peak shipping season, Asia-North Europe spot rates have held onto the stability seen last week.
The SCFI’s Shanghai-North Europe component showed a marginal decline of just $4, to finish the week …

The post Carrier efforts to...

https://theloadstar.co.uk/carrier-efforts-stabilise-asia-europe-capacity-keep-spot-rates-steady/

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/

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/

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