Subscribe to RSS feedEurope trade still falling but Asian volumes improve
The rate of decline in Australia and Oceania’s exports to Europe has halved, but there are few signs of an imminent recovery in the troubled trade.
Conditions easing: Europe trade decline levelling off (Photo: Southern Cross Maritime)
European Liner Affairs Association (ELAA) figures released yesterday showed that Australia’s containerised exports to Europe fell 12% in August compared with the same month in 2008.
Just 11,695 teu headed north from the region in August, though this was a slight...
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