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Ocean Freight Market Trends: 26th February 2019

February 26th, 2019|Categories: News|Tags: , |

Summary of the key market trends for this week: Sea Despite blanked sailings on major east-west trade lanes and a low SCFI index in the weak demand period post CNY, carriers are still struggling to fill their ships. As a result, spot rates are falling. 13 Asia-North Europe sailings have been cancelled post-CNY (2M cancelled [...]

Ocean Freight Market Trends: 6th February 2019

February 6th, 2019|Categories: News|Tags: , |

Summary of the key market trends for this week: Sea Ocean carriers are planning to add around 10% more capacity to the Asia-North Europe despite a downward pressure on freight rates and expected weaker demand post Chinese New Year. Weekly capacity is expected to increase by 28,000 TEU to an average of 300,000 TEU from [...]

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