ENOUGH SPACE AVAILABLE, MARKET PRICE GOING DOWN
1. There‘s enough space available on Southeast Asia lane. The rates remain the same.
2. Enough space on Middle East lane too. And the rates level is going down.
3. The O/F for Europe and Mediterranean area is reducing generally. And the PSS for Europe base ports will be cancelled.
4. The space for Oceania lanes is stable. And the rates are almost the same at those in last week.
5. The cargo volume to Africa hasn‘t changed a lot. The rates are going down a little bit.
6. Some carriers like MSC and HYUNDAI are reducing their rates to North America.
7. The traffic to Middle and South America and Caribbean Sea Area is full of space. The rates remain unchanged.
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