OOCL gains market share in Q1, with 'very strong' financials unveiled by Cosco
Volumes carried by Cosco-owned container line OOCL in the first quarter soared, compared with the ...
There is welcome news for Asia-North Europe carriers, with signs of improving demand on the troubled tradelane as inventories start to be replenished.
Moreover, the transpacific is expected to see healthy growth next year, while secondary tradelanes from Asia continue to expand impressively.
Nevertheless, strict capacity management will be required to mitigate the impact of an oversupply of newbuild tonnage.
In its October Horizon monthly review of the container shipping market, analyst Maritime Strategies International (MSI) says it expects Asia to North Europe ...
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