RATES ARE INCREASING ON SOME LANES
- Africa: rates were increased by USD100/TEU since Apr. 15.
- Middle and South America: carriers increased the rates by USD100/TEU basically since Apr. 15.
- South East Asia: no much changes on rates. But some carriers have tight space for their much lower rates.
- Europe and Mediterraneans: rates are stable as last week.
- North America: export volume is resuming. And the rates were increased by about USD10/TEU.
- Middle East and ISC area: there's no report for increase for rates so far.
- MAERSK and CMA just launched their new service named TP2 for USWC. MSC will also share some space of this service.
- Next: DIFFERENT SITUATION ON DIFFERENT AREA
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