Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
Italian forwarder Rif Line has withdrawn some services of its liner unit, Kalypso Compagnia di Navigazione, following other opportunists quitting lanes as earnings come under pressure.
The company has discontinued its transatlantic Cristoforo Colombo service, which launched in November using up to three ships of 1,300-3,000 teu, carrying containers between New York and Mediterranean ports, including Taranto, Salerno, Civitavecchia, La Spezia and Sagunto.
Kalypso will retain its Marcopolo service, connecting China, Bangladesh and Italy, using the 2,174 teu Highway and 2,519 teu ...
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