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Asia-Europe

News on Asia-Europe.

Alphaliner: French-Chinese alliance threatens 2M

cmacgm2.jpg Container:

Eight container carriers, which are financially vulnerable and several of which are facing acute liquidity issues, could be left behind if a new French-Chinese container alliance manages to change the entire scenario in the container sector and to challenge Maersk Line and MSC, notes Alphaliner.

UASC projects full-year deficit for 2015

UASC Malik al Ashtar+Ain Snan Container:

Following Maersk Line's massive downgrade of its full-year 2015 forecast, the carrier's biggest global competitors are now following suit. One of the most expansive carrier's right now, United Arab Shipping Company, tells ShippingWatch that its bottom line is certain to finish in the red.

Asia-Europe rates skyrocket

UASC container ship Container:

Announced price hikes from Maersk Line and its rivals on major shipping routes between Asia and Europe have found their way into rates on these routes, which have increased by a staggering 327 percent in the last week.

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