News / Carriers back to 'price-gouging' on ocean trades – 'they can't help themselves'

Photo: © Zimu Liu, Dreamstime.com

Asia-Europe shippers on long-term contracts are beginning to feel the effects of an early peak season, with allocations under threat due to strong spot market demand and carriers demanding high premiums to carry non-contracted cargo.

“We’re definitely seeing the market hit a peak; carriers are taking ...