ShippingWatch

SeaIntel Consulting: Asia-Europe infecting the whole world

Spot rates on Asia-Europe tumbles down again. A sign of the weak market spreading to the other routes. Some carriers are more vulnerable than others, Lars Jensen of SeaIntel Consulting tells ShippingWatch.

Photo: Hapag-Lloyd

Last week's steep dive in spot rates on Asia-Europe, down 32 percent to just USD 444 per twenty-foot container, is mainly a sign that the market remains fundamentally weak, Lars Jensen of analyst agency SeaIntel Consulting tells ShippingWatch.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
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
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs