Ocean Alliance extended until 2032
Its members (CMA CGM Cosco, OOCL & Evergreen) announced it yesterday afternoon
Container freight rates down 1%
Tariffs stable at $3733 per FEU. On the Shanghai - Genoa route freight rates down 1% to $5173 per FEU
Shanghai -Genoa spot rates down 11%
According to Drewry’s latest weekly report. Rotterdam - New York rates up 24%, at $1978 dollars per FEU
Red Sea, only limited impact on capacity
According to Sea Intelligence, hold capacity is down by just 1.4% on Asia –Med. shipping route
CMA CGM reroutes its NEMO service
Ships on the N.Europe-Med & Australia link will be diverted from Suez to the Cape of Good Hope
Spot box shipping rates still rising
Tariffs up 23% on the previous week. According to Drewry the trend could continue due to the Red Sea crisis
Livorno, traffic down in the first semester
Like other Italian ports, Livorno has been negatively affected by the current economic scenario
US imports show signs of recovery
In August the volume of goods being imported is expected to reach its highest level in over a year
Antwerp-Zeebrugge, box traffic down
In the first half of the year, the two ports handled 6.4 million TEUs, 5.2% less than in 2022