TIGHT SPACE FOR NORTH AMERICA AND SOUTH EAST ASIA

1. Europe and Mediterraneans: most of the carriers reduced their rates. BAF will be USD465/TEU, CAF will be 15% for Europe destinations in Apr. And for Mediterraneans area, BAF will be USD456/TEU, CAF: 15% in Apr.
2. North America: space for USA begins to be tight because of the increase of the export volume.
3. Middle East and ISC area: some carrier reduced their rates. But rates for 20‘GP with heavy duty haven‘t been changed.
4. Oceania: some carriers reduced the rates again due to lack of volume support.
5. South East Asia: more volume than expected. The space became tight.