News / Liners add capacity to Asia-ECSA as ocean rates hit 18-month high

Photo: VesselFinder

With Asia-South America ocean freight rates at an 18-month high of around $4,350 per 40ft, mainline operators have been adding ships and calls to their services.

HMM told The Loadstar that from 26 May, it would add another Brazilian port of call, Rio Grande, to its Far East-India-Latin America (FIL) service, while omitting Buenos Aires in Argentina and Montevideo in Uruguay. In Rio Grande, the ships will call at the Tecon terminal.

Thereafter, FIL will call ...