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News / Asia-North Europe box market weakness continues while rates rebound in the Med

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With five months of the year already gone and the crucial peak season just around the corner, the signs are that ocean carriers serving the highly competitive Asia-north Europe tradelane are feebly conceding the majority of their general rate increases within weeks of implementation.

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  • Ricky Forman

    June 03, 2014 at 3:43 pm

    Carriers could have hedged their income for 2014 at $1200 per teu on Asia-NW Europe so its very difficult having any sympathy for them when spot rates decline. Its not just poor market conditions attributing to Carriers losses, its their inability to risk manage correctly.

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