Importers in the US are finding higher volumes on the westbound trans-Atlantic are coming with soaring rate levels and record-low schedule reliability, with little relief in sight.
The latest news, trends, analysis and pricing of the trans-Atlantic container trade lane.
26 Dec 2016
The Atlantic container trade is heading for another year of fine-tuning as major carriers focus on the pivotal Asia-Europe and trans-Pacific routes ahead of the spring launch of two new mega-alliances.
07 Dec 2016
The members of THE Alliance on Wednesday announced a revamped Mediterranean-East Coast North America service via a link with Israeli ocean carrier Zim Integrated Shipping Service.
03 Nov 2016
The Ocean Alliance has released information on its network that begins on April 1, 2017, with the trans-Pacific to see the largest number of loops and port calls.
16 Sep 2016
APL is about to launch a new trans-Atlantic service just as import spot rates on the route are at a five-year low.
15 Sep 2016
The outlook for overall container trade growth, and particularly transshipment, is bleak.
22 Aug 2016
ACL expects its new ships to provide an edge.
17 Aug 2016
The dramatic descent of spot prices to five-year lows in both directions on the trans-Atlantic shipping route has sparked questions about how low the price can go, and if the once sleepy, stable route has changed.
06 Aug 2016
Concern over the fate of negotiations toward the Transatlantic Trade and Investment Partnership, the snail’s pace of eurozone economic growth, growing fears of an imminent Italian banking crisis and the U.K.’s unexpected vote to quit the European Union is undermining the calm of the trans-Atlantic container trade.
02 Aug 2016
Overall U.S. container trade with European countries increased in the 12 months ending Mar. 31, 2016.
22 Jul 2016
Orient Overseas Container Line moved more containers in the second quarter of 2016 than the same period a year before.
26 May 2016
Forwarders see little sign of a rate rebound in spot and contract rates on the trans-Atlantic.
13 May 2016
Hyundai Merchant Marine is working to assure the shipping public that it will continue to remain operational after the revelation that the South Korean carrier had been left out of the world’s newest shipping alliance, THE Alliance.
13 May 2016
The line up of the new alliance aimed at competing with the 2M and Ocean Alliance has been announced.
03 May 2016
Trans-Atlantic spot rates are forecast to rise.
13 Mar 2016
The trans-Atlantic built on its reputation as one of the few reliable trades in a troubled container shipping market in 2015, but it faces tough challenges this year that might tarnish its image.
01 Feb 2016
In an increasingly uncertain container shipping market, price volatility is one of the few entirely predictable things left, was Drewry’s wry assessment of the wildly fluctuating freight rates on East-West trades.
29 Jan 2016
The usually buoyant Europe-U.S. ocean and air cargo markets have suffered a significant decline in European freight forwarders’ confidence, while the long troubled Asia-Europe trades have posted an equally strong improvement.
27 Jan 2016
The volume of cargo handled by the container trade around the globe this year will increase by a relatively “decent” 4 to 5 percent, but this growth will not be nearly enough to make a dent in the enormous glut of vessel capacity that will continue to erode freight rates.
13 Jan 2016
Maersk Line is still the world’s largest ocean carrier by capacity but its closest rivals, Mediterranean Shipping Co. and CMA CGM, posted higher fleet growth rates during 2015, according to Alphaliner.
06 Jan 2016
The trans-Atlantic container trade is heading for further volatility this year after shedding its “boring” tag in 2015. But it also looks like one of the rare routes where carriers can turn a profit in a year many fear will be the toughest the industry has faced since the 2008-2009 global financial crisis.
06 Jan 2016
Ocean freight rates for cargo moving under contracts on the major East-West trade routes continued to decline in the last quarter, according to Drewry’s Benchmarking Club that tracks a group of multinational retailers and manufacturers that monitor their contract freight rates.
04 Jan 2016
North Europe’s stagnant economy is expected to produce a decline in container volume at the region’s ports during the first half of 2016, Hackett Associates and the Hamburg-based Institute of Shipping Economics and Logistics said.
21 Dec 2015
Ocean carriers are facing a second consecutive year of shrinking container traffic on the troubled trade from Europe to the east coast of South America as the key Brazil economy is in a “real funk,” according to Drewry Maritime Research.
22 Oct 2015
G6 Alliance carriers have suspended a trans-Atlantic service, the latest sign liners are pulling back capacity after spot rates hit the lowest level in more than a year. The move follows the downgrading of a trans-Atlantic service by members of the 2M Alliance.
16 Oct 2015
Increased vessel capacity continues to weigh on trans-Atlantic container spot rates, which this week remained near their lowest levels of the year, according to the World Container Index posted on JOC.com’s Market Data Hub.
10 Aug 2015
The trans-Atlantic bull-run has hit a glitch as a “huge” injection of capacity on the route since May has outpaced the growth in demand, “bringing a predictable outcome” for freight rates, Drewry Maritime Research said.
04 Aug 2015
U.S. containerized ocean trade via European ports, including transshipment cargoes, increased 3.5 percent year-over-year to 4.7 million 20-foot-equivalent units in the 12 months ending in March, according to PIERS, a sister product of The Journal of Commerce within IHS Maritime & Trade. While U.S. exports tumbled 4.6 percent to just more than 1.9 million TEUs, U.S. imports, comprising 59.3 percent of the trade, jumped 9.9 percent to nearly 2.8 million TEUs.
04 Aug 2015
At a time when east-west container shipping trades are being pummeled by what Drewry Maritime Research calls a toxic mix of overcapacity, weak demand and aggressive pricing, the trans-Atlantic is standing out as a lone, and surprising, stalwart.
08 Jun 2015
Declining U.S. exports are offsetting U.S. imports and confronting container lines with tough decisions in the Mediterranean-North America trade.
26 May 2015
CMA CGM is launching a trans-Atlantic service with Hamburg Sud and United Arab Shipping Co., and enhancing another service after the French carrier shipped 35 percent more volume between the U.S. East Coast and North Europe in the first three months compared to the same period year ago.
18 May 2015
The North Atlantic, for long the “sleeping dog“ of container trades, is “waking up,” as rising European imports on the back of a strong U.S. dollar lift freight rates and attract new services, according to Drewry Maritime Research.
05 May 2015
Eastbound trans-Pacific liner reliability has improved for the first time this year, but liner reliablity on the opposing direction fell to the lowest point since JOC.com began collecting SeaIntel data in August 2011.
07 Apr 2015
Trans-Atlantic shippers in February experienced the worst service in three years, according to SeaIntel Maritime Analysis.
11 Mar 2015
The yawning cargo imbalance on the North America-Mediterranean container trade is still widening and carriers need an economic recovery in southern Europe to narrow the gap, according to Drewry Maritime Research.
23 Feb 2015
Trans-Atlantic carriers face a struggle to hike rates amid rising capacity and new competition, even as the euro’s slide against the U.S. dollar boosts shipments on the key westbound leg, according to Drewry Shipping Consultants.