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Asia–Europe freight rates extend gains, but Transpacific blank sailings lose impact - India Seatrade News
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Asia–Europe freight rates extend gains, but Transpacific blank sailings lose impact - India Seatrade News
Container freight rates on the Asia–Europe trade lane continued to firm this week, underpinned by tighter capacity management and relatively stable demand, even as global volumes remain uneven. Carriers’ sustained use of blank sailings and disciplined vessel deployment has helped push spot rates higher, reversing the softness seen earlier in the quarter. Market participants note that while demand growth is modest, the effective withdrawal of cap…
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