East-west rates diverge as transpac spots hold while Asia-Europe keeps falling
Container spot freight rates on the main east-west trades diverged this week after a series ...
Sea-Lead Shipping will start an East Asia-US east coast service today, continuing its service diversification beyond its original Persian Gulf focus.
Four 6,100 teu ships will be deployed to the fortnightly service, for which the port rotation is Nansha-Ningbo-Qingdao-Busan-Norfolk-Newark-Charleston-Jacksonville-Nansha.
Last year, Sea-Lead started East Asia-US west coast services and, on Thursday, will launch a China-Australia service with Yang Ming, TS Lines and Pacific International Lines.
Sea-Lead MD Cho Kit Wei said: “Port congestion has been a challenge for everyone recently and the Asia-east ...
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