North Atlantic bright spot for carriers

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Some welcome news for ocean carriers plying the North Atlantic tradelane is that unlike several other routes it has remained robust, with according to Drewry high utilisation levels and a balanced supply of capacity helping to keep spot rates stable on both eastbound and westbound routes between North Europe and North America.

Moreover, in its Container Insight Weekly trade analysis Drewry says that notwithstanding the expectations that the vice versa import surge between the continents “may begin to tail off” it thinks that in the case of the North Atlantic trade there should be only a “limited impact on rates” …that is of course with the proviso capacity remains balanced.