MSC container shipping alliance blamed for Asia-Europe trade imbalance

19/08/2015

After the humiliating failure to implement cumulative general rate increases in excess of $7,000 per teu this year carriers plying the Asia-North Europe tradelane are preparing to ask shippers to pay an average $1,000 per teu extra from 1 September.

But once again, the prospect that the container lines will manage to get even a percentage of this latest GRI to hold for longer than two weeks appears remote.

Indeed, if the carriers cannot get rate increases to stick during a peak ...