News

Asian imports to US surged to new record in January

“US containerized imports from Asia in January hit their highest monthly total ever recorded, driven primarily by pre-Lunar New Year shipments.” See the original story at JOC. Source: JOC (JK)

Asian freight surge puts pressure on NY-NJ empty box returns

“High import volumes being diverted from the West Coast is putting renewed pressure on marine termin...

Asian exports hit with CMA CGM surcharges as box shortage bites

“Further evidence, if it was needed, of the chronic shortage of containers in Asia was seen today wh...

Asian countries cut container trade with Russia amid Ukraine invasion

“Export-import trade between Russia and many countries in Asia has already been halted following Mos...

Asian container shortage set to intensify into May

“Asian container availability is tightening, and purchase and rental costs are soaring, according to...

Asia’s First Fully-Automated Terminal Operational

China’s Qingdao New Qianwan Container Terminal has become Asia’s first fully automated container ter...

Asia’s Demand for Low-Sulphur Fuel Drives Hydrogen Gas Consumption

“Asia’s hydrogen gas demand will rise as the region’s oil refineries use the gas to produce low-sulp...

Asia–US West Coast spot rate eclipses $4,000 per FEU: Drewry index

“Spot rates from Asia to the US West Coast quoted by some carriers surged above $4,000 per FEU this...

Asia–Europe trade records first volume growth of 2020

“Asia–Europe container volume in July recorded its first month of year-over-year growth since Octobe...

Asia–Europe ocean contracts under pressure as rates tumble

"The gap between Asia–North Europe long-term rates and the tumbling spot market widened further thro...

Asia-West Coast container rates hit new high ahead of surcharges

“A key indicator of container shipping rates from Asia to the US West Coast broke a new record this...

Asia-US west coast spot rates up 100% on a year ago as demand grows

“A further massive spike in transpacific container spot rates this week may encourage ocean carriers servicing the route to ‘unblank’ more sailings to meet market demand.” See the original story at The Loadstar. Source: The Loadstar (JK)

Asia-US West Coast FEU spot rates clear $3,000 bar

“Spot rates in the eastbound trans-Pacific this week continued to surge, blowing past $3,000 per FEU...

Asia-US spot rates pushed to new highs, despite warnings from China and FMC

“Container spot rates from Asia to the US, including space guarantees and equipment priority fees, have topped $4,000 per 40ft to the US west coast and $5,000 to the east coast.” See the original story at The Loadstar. Source: The Loadstar (JK)

Asia-US spot rates hold firm amid more signs of volume recovery

“Spot rates on the eastbound trans-Pacific remained stable for the second consecutive week Friday as...

Asia-US import surge slowing slightly, but spreading to East, Gulf coasts

“The pace of US imports from Asia in November slowed just slightly from October, although volumes th...

Asia-US container trade easing slightly before next surge

“Available capacity on ships plying the eastbound trans-Pacific has loosened slightly in recent week...

Asia-Red Sea Service Update – Void Sailings in May (Update)

The following release was published by APL: Following our last announcement on 16 April 2020, please be informed of an additional void sailing on our Asia-Red Sea services in May to ensure balance between supply and demand: Source: APL (JK)

Asia-Red Sea Service Update – Void Sailings in May

The following release was published by APL: Please be informed of the following void sailings on our Asia-Red Sea services in May to ensure balance between supply and demand: Source: APL (JK)

Asia-Oceania Market: Enhancement of Asia Australia Express 1 (AAX1) and Asia Australia Express 2 (AAX2)

The following release was published by APL:

APL is pleased to announce a renewed set of services...

Asia-North Europe spot rates resume record-setting run

“Average spot rates on Asia-North Europe ended two months of relative stability with a 9 percent jum...

Asia-North Europe market share set to ebb and flow between the alliances

“More evidence has emerged on how differently the three main container shipping alliances on the Asia-North Europe trade are to manage capacity for the remainder of the year.” See the original story at The Loadstar. Source: The Loadstar (JK)

Asia-Middle East Service Update – Void Sailing in May (Update)

The following release was published by APL: Following our last announcement on 23 April 2020, please be informed the following additional void sailings on our Asia-Middle East services in May to ensure balance between supply and demand: Source: APL (JK)

Asia-Indian Subcontinent Service Update: Void Sailings in February

The following release was published by APL: Dear Valued Customer, Please be informed of the following void sailings on our Asia-Indian Subcontinent services to ensure balance between supply and demand in February: Source: APL (JK)

Asia-Europe spot rates still under pressure as slack season looms

“The Shanghai Containerized Freight Index (SCFI) slumped a further 5% this week to a composite rate...

Asia-Europe spot rates head for $20,000 per feu as new China Covid crisis bites

“Ocean carriers are rolling out more rate increases next week, with FAK rates from Asia to North Europe edging towards $20,000 per 40ft.” See the original story at The Loadstar. Source: The Loadstar (JK)

Asia-Europe Services – Schedule reliability improvement measures

The following advisory was published by AP Moller – Maersk:

In light of the ongoing schedule reli...

Asia-Europe misery for shippers: four-week delays, rate hikes and surcharges

“Shippers from Asia to North Europe face a severe capacity crunch, and carriers are set to add to their misery with mid-month FAK rises and peak season surcharges.” See the original story at The Loadstar. Source: The Loadstar (JK)

Asia-Europe container rates to remain high through Q4: service providers

“Spot container freight rates continue to rise on the Asia-North Europe trade, and service providers...

Asia-Europe container rates fall amid coronavirus threat

“Container shipping rates between Asia and Europe saw one the biggest drops in 10 months as ports an...

Asia-Europe container rates fall amid coronavirus threat

“Container shipping rates between Asia and Europe saw one the biggest drops in 10 months as ports an...

Asia-Europe container rate levels defy collapse in demand

“Despite sharply deteriorating demand for Asian imports from European countries locked down amid the...

Asia-Europe carriers reinstate sailings, limit capacity cuts

“Asia-Europe freight rates flattened in the past few weeks as carriers reinstated several blank sail...

Asia-Europe box trade far outperforms Asia-US

“One way to examine the fallout of the U.S.-China trade dispute is to analyze the curves of global c...

​Asia-Africa Trade – WAF3 Service Update

The following release was published by Orient Overseas Container Line Limited (OOCL):

In response o...

Asia Pacific remains top shipping casualty losses in 2018: Allianz

“Asia Pacific waters remain the top shipping casualty region accounting for 45% of losses globally i...

ASIA MOGADISHU service improvement

The following release was published by CMA CGM :

In the effort to maintain a high service reliabi...

Asia imports to US hit extended peak season’s zenith in October

“US imports from Asia rose 11 percent in October from September to reach what some carriers tell JOC...

Asia – South America West Coast Service (JCS) – Blank Sailing Plan COVID-19

The following advisory was published by Hapag-Lloyd:

As a consequence of the global COVID-19 cri...

Asia – South America East Coast Service (ASE & AS2) COVID-19 Blank Sailing Plan (UPDATE)

The following advisory was published by Hapag-Lloyd:

As a consequence of the global COVID-19 cris...

Asia – South America East Coast Service (ASE & AS2) COVID-19 Blank Sailing Plan (UPDATE)

The following advisory was published by Hapag-Lloyd:

Because of weaker demand due to the COVID-19...

Asia – South America East Coast Service (ASE & AS2) – COVID-19 Blank Sailing Plan (UPDATE)

The following advisory was published by Hapag-Lloyd:

Due to weaker demand caused by the COVID-19...

Asia – South America East Coast Service (AN1, AN2 & AME1) – Blank Sailing Plan COVID-19

The following release was published by Hapag-Lloyd:

As a consequence of the global COVID-19 crisi...

Asia – Europe container freight rates fall economy concerns

“Economies of the European Union and the UK, weakened by the year-long Covid-19 pandemic are struggl...

Ashdod to generate extra container storage

“The Port of Ashdod will increase its storage space by 20% to around 500,000 containers after it app...

Ashdod Port to complete works of over one-billion-shekel Platform 21

“Ashdod Port has announced that the second section of its operational project to upgrade Platform 21 is almost complete.” See the original story at Port Technology. Source: Port Technology (JK)

Ashdod Port sets target to become self-sufficient for energy needs

“Ashdod port company has formed a joint venture with Israel’s Ministry of Energy in an effort to pro...

Ashdod Port proceeds with deepening project

“Ashdod Port is presently completing one of its more complex operational projects after extensive re...

Ashdod Port invests around US$16m in port equipment

“Ashdod Port has received the largest ship-to-shore (STS) crane in Israel and 15 new forklifts, repr...

Ashdod Port hits all-time record for unloaded containers

“Ashdod Port, Israel, said it saw an increase of maritime cargo transport because of the closure of aviation due to the COVID-19 pandemic.” See the original story at Port Technology. Source: Port Technology (JK)

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