Although still in the early schedule-setting process, a likely new joint venture will leave Asia-east coast of South America shippers with fewer, larger ships and one less service, so says a shipping industry expert.
18 May 2018
Although volumes and rates on the Asia to east coast South America trade are rising, capacity is not keeping pace, and one substantive business model reason may be at the heart of why ocean carriers are reluctant to ramp up service.
11 Apr 2018
Shippers looking to send goods from Latin America west — especially from Mexico — to China and the Far East, and in the other direction, have a growing list of options after the launch of three new services.
05 Feb 2018
Price-wise, the Asia to East Coast of South America is one of the most volatile trade lanes in global trade — which is why analysts argue shippers should not use the trade’s spot rate to predict May service contract rates.
31 Jan 2018
Hamburg Süd has withdrawn from a vessel-sharing agreement on the Asia-west coast of South America routes and will offer new services on the fast-growing trade.
28 Jun 2017
The long-neglected south Brazilian port of Imbituba has secured its first deep-sea contract in more than two years.
26 Jun 2017
The Cape Sounio is the largest vessel in the Israeli ocean carrier’s fleet.
21 Jun 2017
Freight rates on the trans-Pacific have fallen well off levels reached in the fourth quarter of 2016 as carriers in the highly competitive trade route chase after market share.
12 Jun 2017
Freight rates are soaring.
29 May 2017
Rates on Asia-South America East Coast has soared to its highest level ever recorded as disciplined capacity management by carriers continues to support the spot market.
17 May 2017
Although vessels of more than 9,000 TEU have called at Santos, they have not been as long as the Hyundai Loyalty.
01 May 2017
All-in freight rates on the Asia to ECSA trade lane appear to be settling in at levels at least double what they were during the last bidding season.