Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
THE Alliance – Hapag-Lloyd, K Line, MOL, NYK and Yang Ming – have announced their pro-forma east-west tradelane network for April next year.
It follows publication by rival grouping the Ocean Alliance last week and news that the container divisions of the Japanese shipping groups would merge.
THE Alliance said its product, which is subject to regulatory approval, would be characterised by “fast transit times, a broad port coverage and deployment of modern and most-efficient ships”.
It claimed: “Our best ship for the loop principle and our ...
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