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Xiamen: Most of the Trade Lanes Are Short of Volume Support

[2009-01-03 12:58:04]

1. Europe&Mediterraneans: The rates decreased a lot due to little cargo volume support. And all the carriers will reduce BAF and CAF in Dec.

2. North America: Some carriers will reduce their rates for USWC for the last voyage in Nov.

3. Middle East and ISC area: The slack market causes rates reduction again.

4. Southeast Asia: Hapag-Lloyd will launch service to most of the ports of Southeast Asia from Nov. 28. It'll be a great impact for the rates on this lane.

5. Other lanes: The rates are going down because of short of cargo support.
Source: Jctrans Group
Keywords:Port