Return of AE2/Swan service dampens carrier hopes of Asia-Europe rate hike

The reactivation of the 2M’s AE2/Swan Asia-North Europe loop this week has poured cold water on plans by carriers to raise FAK rates.
The lines were looking at an increase of around $200 per teu from 15 December, but the addition of 18,000–20,000 slots on the Maersk and MSC ULCVs seems to have put paid to any hope of a rate increase until demand picks up ahead of Chinese New Year in …

The post Return of AE2/Swan service dampens carrier hopes of Asia-Europe rate hike appeared first on The Loadstar.

Source: The Loadstar

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