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 ...
It wasn’t so long ago that European exports to Asia mainly consisted of recycled materials such as plastics and pulp. But that is changing – and faster than one might expect – as more and more European countries and companies focus on serving Chinese consumers. While Asia-Europe trade is forecast to fall 3.3% this year, the backhaul leg will grow 5.5%, presenting something of a silver lining in what is otherwise an unrelentingly gloomy picture for Europe.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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