Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
The announcement from the port of Antwerp yesterday detailing its reasons for allowing its biggest containerline customer MSC to transfer its contractual terminal arrangements from inside the lock to the outside facility at Deurganckdok has been followed by a short welcoming response from the Geneva-headquartered carrier.
Although brief, the press release from MSC makes clear it has been “constrained” in recent years by the capacity limitations of the old MSC Home Terminal at Delwaidedok.
Considering that MSC’s throughput at Antwerp in 2013 was over 4.5m teu – more than half of the total number processed by the port – the carrier says it has ambitions for the extra 4m teu capacity available at its new home to be called MSC PSA European Terminal [MPET].
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