Asia-Europe FAK price hikes manage to halt 13-week rate decline
This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest ...
Despite the increasingly large amounts of container shipping capacity being tied up in the Asia-Europe trades to mitigate the widespread vessel diversions, other trades have also seen significant capacity injections over the past year, according to new data from Alphaliner.
Chief among them are those serving Latin America, which has seen capacity into the region increase by more than the global growth.
From June 2023 to June 2024, 2.85m teu of new capacity has been delivered to the global shipping fleet, presenting ...
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