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Drewry: Turkey Lira Crisis May Affect Asia-Med Growth

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August 21, 2018 Rising Asia to Mediterranean freight rates might not last long as economic crisis engulfs Turkey, Europe’s fifth largest importer of goods from Asia, according to Drewry’s latest weekly insight. As explained, the Asia to Europe trade lane has experienced difficulties this year, but the weakness was largely confined to the North Europe […]

Alphaliner: Container Carrier Giants End 2016 in Red

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April 12, 2016 Despite the freight rate improvements that followed the collapse of Hanjin Shipping in late August, the average operating margins of 13 main container carriers remained negative in the second half of 2016, according to Alphaliner. Due to the tough operating environment, only three carriers recorded positive operating results for the full year […]