News / Asia-Europe ocean trades a nightmare scenario – 'unless you're a carrier'

© Mr.siwabud Veerapaisarn |

Forwarders are warning customers that demand on Asia-Europe ocean trades is beginning to look a lot like the pandemic peak.

“It’s shocking” said one UK forwarder. “The speed and pace of change is phenomenal, replicating the lead-up to the peak of the pandemic.”

The forwarder warned that box lines were jettisoning FAK rate quotes when bookings are made, and contract capacity is being cut.

“It’s a nightmare. Demand is hugely high – we are seeing between 10-20 % growth across our customer base ...