Overcapacity looms for ocean trades – with more blanked sailings inevitable
Notwithstanding the possible effects of the US tariffs on global container trades, the box lines ...
© Rpianoshow
By Mike Wackett
Ocean carriers appear to have succeeded in recovering around 75% of their IMO transition surcharges for spot and short-term contract business from Asia to North Europe.
And on the transpacific, the container lines appear to have achieved the full quantum of their low-sulphur surcharges.
Today’s Shanghai Containerized Freight Index (SCFI) recorded a further $34 per teu uplift in spot rates to North Europe, to $800 per teu.
This followed the $64 per teu gain in the previous week, when the LSFO (low-sulphur fuel ...
Comment on this article