In spite of several positive and current indications of developments in the container freight between the Far East and Europe, the carriers remain in the grip of strong and erosive forces, and there has yet to be any solid data to support a changed scenario, according to an analysis of the developments in spot rates since 2009, performed by SeaIntel Maritime Analysis.
"Recently, we have seen strong rate increases on the main export trades from Asia to Europe and North America. These increases have prompted a number of industry commentators to speculate that we have seen a strengthening of the market, brought about by strong peak season combined with capacity discipline - and as a consequence, we might see a strong freight rate environment for this year's peak season. But on the basis of the current factual developments on the Asia-Europe trade, there is presently not a solid basis upon which to expect a permanent improvement," says SeaIntel in its newsletter Sunday Spotlight.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.