Rates pressure truc tiep bong da keo nha cai Asia-Europe increases as 2M loop returns

truc tiep bong da keo nha cai two lines had originally indicated that truc tiep bong da keo nha cai service would not resume until truc tiep bong da keo nha cai there was sufficient market demand, but truc tiep bong da keo nha cai loop’s restoration is now planned for December 5.

“The 2M carriers’ action will add about 6% back to the total weekly capacity truc tiep bong da keo nha cai the Asia-northern Europe route,” Alphaliner said. “This capacity increase will be made in spite of significant uncertainty over the strength of market demand.”

Capacity utilisation out of China dropped below 90% in September, without the usual pre-holiday rush to ship cargo before the Golden Week holidays that started truc tiep bong da keo nha cai October 1, it added.

“As a result of this, spot freight rates from China have fallen by 26% at truc tiep bong da keo nha cai end of September, down from a recent peak in August.”

Over the coming weeks, rates could face further downward truc tiep bong da keo nha cai as carriers jostle for market share during the slack winter season.

Figures released this week by Container Trades Statistics show that Asia-northern truc tiep bong da keo nha cai trade fell by 1.1% in the eight months to August 31 compared with the same period last year.

“Weak cargo volumes, combined with the carriers’ overall reluctance to withdraw vessel capacity from the Asia-truc tiep bong da keo nha cai corridor for extended periods, could further drive down freight rates,” Alphaliner said.

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