Spike in Asia-Europe spot rates as space tightens and rollovers increase

There has been a significant spike in carrier short-term container rate quotes from Asia to North Europe this week, as rollovers become the norm.
According to eeSea data, ocean carriers on the route have withdrawn 28% of their headhaul sailings this month and reports from local agents suggest ships from China are sailing full, resulting in rollovers of non-VIP cargo.
Indeed, a local agent source told The Loadstar MSC had hiked its Shanghai …

The post Spike in Asia-Europe spot rates as space tightens and rollovers increase appeared first on The Loadstar.

Source: The Loadstar

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