Spot rates on major trades dip on BCOs’ alliance caution

Spot rates in the Asia-Europe and Asia-US trade lanes declined marginally in this first week under the new vessel-sharing alliances, but this is mostly a cautious response by beneficial cargo owners (BCOs) and forwarders to the new environment rather than the beginning of a trend, industry analysts said.
The spot rate… Source: http://www.joc.com

Leave a Reply