Asia Rates Set to Rise?

by | Aug 6, 2018

Increases in container shipping rates, in the Transpacific and Asia-European trades, are expected to kick in during the next week or two, as peak season gets under way.

The Transpacific trade is expected to see increases of between 8-12% after a number of carriers adjusted their schedules to reduce their capacity recently.

However, concerns over the ongoing trade exchanges between Trump and China are still looming large on the horizon, which could reduce demand versus capacity once more.

On the Asia-Europe trade, where ‘spot-rates’ have largely stabilised over the last month, the increases are not expected to be as significant immediately, although this could change later if the carriers start to experience a busy peak season.

UniOcean Lines are closely monitoring the market position, as we continue to operate the most comprehensive sailing schedules from Asia – including our Trans Pacific, Northern Europe, Australasia and Inter Asian services.

Follow Us:

21st Century Representation

Interested in the many benefits of UniOcean Lines representation? Please complete our online Application Form.

The 21st Century Carrier

Find out how we combine the best of carrier and the best of local services through common goals.

More News…..

US/China Impacts Transpacific Volume

US/China Impacts Transpacific Volume

With discussions continuing on Trump and China's interim trade agreements, volume on the transpacific trade has continued to plummet. This year is expected to see the first full year's decline in trade since the global financial crisis after months of disputes and...

Partnership for Bangkok Port  Terminal

Partnership for Bangkok Port Terminal

PSA Thailand, a wholly-owned subsidiary of the global port operator PSA International, have announced a joint venture to develop and operate the Thai Prosperity container terminal in Bangkok, along with locally based logistics firm SCG. The two companies have formed...

Panama Canal Increases Draft Limit

Panama Canal Increases Draft Limit

After a period of very dry weather, the region around the Panama Canal has recently received enough rain to enable bigger vessels to travel through it.This year's lack of rainfall had resulted in many reductions in the draft size of vessels permitted through the...

Share This