'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
The Ocean Alliance, the largest of the three east-west trade vessel sharing agreements, has published its network revamp, which includes the addition of a seventh Asia-North Europe loop.
Alliance members CMA CGM, COSCO, Evergreen and COSCO-owned OOCL announced their Day 3 Product, to be launched in April, deploying 330 container vessels with an estimated carrying capacity of 3.8m teu across 38 service lanes.
Rodolphe Saade, chairman and chief executive of CMA CGM, said: “This new agreement with our Asian partners will enable us ...
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