Container spot rates diverge: to Europe still falling, but firmer to the US
A divergence in container spot freight rates between the Asia-Europe and Asia-North America trades emerged ...
THE Alliance could find itself on the wrong side of a $500 per teu cost differential on the key Asia-North Europe trade due to its members’ failure to order more ultra-large container vessels (ULCVs), according to new analysis from Alphaliner,.
Recently confirmed orders for nine 22,000 teu ULCVs by CMA CGM (Ocean Alliance) and 11 similar units by MSC (2M) have heaped pressure on THE Alliance, whose members are “falling further behind in the megamax vessel stakes”, according to Alphaliner.
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Comment on this article
MS
October 04, 2017 at 5:59 pmCan not be cost difference of 500/teu.