Subscribe to RSS feedCapacity hits – Asian rates slide
by
Dale Crisp
—
last modified
Aug 13, 2010 03:58 PM
AS THE fourth recent injection of extra North & East Asia-Australia container capacity hits Australian ports this week, the inevitable decline in freight rates is well underway.
The 2478-teu, Hamburg Sud-chartered Antonia Schulte, the first vessel on the AAUS group’s new peak season service, is working her way through east coast ports just as the AANA (ANL, China Shipping, OOCL) and NEAX (K Line, MOL, NYK) groups...
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