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 ...
SeaLead Shipping has revamped its Asia-US East Coast (USEC) service, removing direct connections and opting instead for transhipment in Egypt’s Damietta port.
SeaLead, based in Dubai and Singapore, launched transpacific operations to the US west coast in August 2021 and Asia-USEC (via the Panama Canal) last March 2022. These services were operated on an irregular basis using ships of between 3,500 and 7,000 teu.
Falling cargo volumes resulted in SeaLead suspended its west coast service in December, and direct calls between Asia ...
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