Search
Updated news
   9999 gold price
(Source: )
  Rate exchange
(Source: )
    • HOSE

    • HASTC

    • Stock ID

    • TC

      • Khop lenh
      • Price
      • KL
    • +/-

    •         (Click here to view detail)
News > Sea News

Ocean Carriers Boost Asia-Europe Capacity

 

 

Ocean carriers are adding capacity on the Far East-Europe route even as trade growth weakens and ship utilization levels continue to fall, according to container market analyst Alphaliner.

Evergreen and Hanjin Shipping are the latest to boost capacity with the launch this week of their joint CEM/CUS service between Asia and North Europe, which is deploying nine 8,450-10,100 20-foot equivalent units ships.

The new service, running initially on a 10-week rotation, will swell weekly capacity on the route by about 9,160 TEUs, according to Alphaliner. The Asian carriers have the option to return to a nine-week rotation after China’s Golden Week holidays in October or add an additional vessel to the service at a later stage.

Carriers are introducing new services despite the fact that total Far East-Europe demand has fallen by 2.1 percent in the first half of the year, according to latest figures from Container Trades Statistics, and vessel utilization levels dropped to a year-to-date low of 79 percent in June.

Alphaliner said it expects full year demand to shrink by 3.6 percent “with no significant pickup in demand expected for the July-September peak season.”

The Journal of Commerce Online

OTHER NEWS
CMA CGM: The Only Shipping Line Calling Buchanan Port In Liberia
P3 Alliance Scrutiny Spreads To Korea
COSCO Ordering New Ships
Maersk Is Still Confident That P3 Will Gain Regulatory Approval
Lines Levy Asia-South America Rate Hikes
Hyundai Adds Six Vessels To Asia-US Route
Maersk Remains Confident About P3 Approval
Ocean Carrier Rate Revision Roundup For Dec. 16
Freight Rates Up 60 Percent On Asia-Europe
Port Of Montreal Welcomes Its Largest Tanker
G6 Musters To Battle P3 Alliance, Plans To Serve 66 Ports With 240 Ships
Dalian Welcomes Maiden Call From PIL's West Africa Service
Arkas Line – A New Player In Israel's Maritime Trade
FPS Launches Rotterdam-Fiji Direct LCL Service
MOL Hikes Asia-Mexico/WC South America Rate US$600/TEU January 1
CaroTrans Launches Direct LCL New York-St Petersburg Service
Transpacific Carriers Seek $500 In Rate Increases
KMTC And OOCL Swap Slots On Two Far East-India/Sri Lanka Loops
Maersk Ends Nhava Sheva Congestion Surcharge
P3 Speeds Will Challenge Other Carriers
Most popular news
Qatar Airways Launches First Regular Cargo Service London S Stansted To DohQatar Airways Launches First Regular Cargo Service London's Stansted To Doh
a QATAR Airways Cargo is to launch its first scheduled freighter service in a five-times weekly...
Maersk To Split Asia Europe ButterflyMaersk To Split Asia/Europe Butterfly
Maersk Line said in a statement that, starting in April, it is splitting a butterfly service...
K Line Restructures Its Asia North America East Coast ServicesK-Line Restructures Its Asia - North America East Coast Services
K-Line, as a member of CKYH - the Green Alliance (COSCON, K-Line, Yang Ming and Hanjin Shipping) is...
Pipavav Starts Receiving Vessels Operating The Far East India ExpressPipavav Starts Receiving Vessels Operating The Far East-India Express
THE Far East India Express (FIX) service has started calling at APM Terminals Pipavav in India. A...
News 2Vietnam Port Opening Improves Exports, But Logistics Fees Higher Than Most
In early June 2009, Vietnamese export companies and shipping firms heard the good news that the Cai...
Qatar Ready For B777 FreightersQatar Ready For B777 Freighters
QatarAirways has announced new routes and more airport infrastructure ahead of next year's opening...
Aa Starts New York Madrid ServiceAA Starts New York/Madrid Service
American Airlines has started a direct service between JFK International Airport and Madrid,...
Zim Hikes Europe To East Med RatesZim Hikes Europe-to-East Med Rates
Zim Integrated Shipping Services Ltd. has announced plans to implement a general rate increase...
Yusen Logistics Offers Lcl Link From Singapore Shanghai To Los AngelesYusen Logistics Offers LCL Link From Singapore/Shanghai To Los Angeles
NYK UNIT Yusen Logistics has announced the expansion of its direct less-than-container load (LCL)...
Port Of Charleston S April Container Volume Up 9pc To 134 718 TeuPort Of Charleston's April Container Volume Up 9pc To 134,718 TEU
THE Port of Charleston's two container terminals posted a nine per cent year-on-year increase in...
Online support
My status
My status
Use For Customer
User For Viet Hoa
Viethoa E Office
China Airlines
Singapore Airlines
Logo 5
Logo 4
Japan Airlines
Logo 2
Logo 1
Eva Airlines
China Airlines 1
Malaysia Airlines
Wanhai
Chinashipping
Evergreen
Hanjin
Huyndai
K Lines
STATISTIC
Online 28
Hit counter 5061096
VIET HOA GROUP ( VIETNAM )
Address: 60 , 17 Street - An Phu Ward - District 2 - HCMC - Viet Nam
Tel (84-8) 6281 0240 (20 lines) -Fax: (84-8) 6281 0239
Emailgeneral@viethoagroup.com
Copyright © 2007 VIET HOA GROUP. All rights reserved
Designed & Developed by EMSVN