Two container lines in particular benefit from booming freight rates on Pacific

Container lines Cosco and CMA CGM have the highest capacities on the Transpacific routes between Asia and North America, and are also the ones benefiting the most from the high freight rates on these routes, writes analyst firm Alphaliner.
Photo: PR / Cosco Shipping
Photo: PR / Cosco Shipping

It is still more lucrative for container majors to sail on the Pacific between Asia and North America, even though freight rates for the routes between Shanghai and Northern Europe reached the highest level in four years last week, says analyst firm Alphaliner.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading