Subscribe to RSS feedAsia-Europe trades leap 20% in the first quarter
CONTAINER shipping’s impressive recovery from last year’s market crash shows no sign of stalling, with the European Liner Affairs Association (ELAA) reporting growth of 20%-plus in Asia-Europe volumes for the first quarter.
Although the year-on-year increase for dry and reefer cargoes in March of 10.5% was well down on February’s 52% advance, that difference reflected the unprecedented collapse in trade during the early weeks of 2009.
ELAA figures, compiled from member lines...
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