EXPORT VOLUME GOING UP STEADILY, O/F RATES HAVE LITTLE CHANGES

1. BAF and CAF on Europe and Mediterranean lanes will be adjusted in Feb. The details are: Europe lane: BAF: USD461/TEU, CAF: 14.6%; Meditteranean lane: BAF: USD456/TEU, CAF: 14.6%. The space would be very tight because it‘s the last voyage before Chinese Lunar New Year. Most of the carriers are offering the rates as in last week. Some carriers are offering higher rates for some specified containers like heavy duty.
2. Export volume is growing up steadily on North America lane.
3. The Southeast Asia lane is still hot. All the carriers has been overbooked for the last voyage before Spring Festival since last week.
4. Middle East and ISC lanes are still developing smoothly. TSLINE‘s new service that‘ll start on Feb 1st has received booking as expected.