in Information on 24 June 2014
Container volumes from Asia to Europe continued their strong growth in April, with the sub-routes to the Western Mediterranean and North Africa showing the largest volume increases of 6%.
The latest Container Trade Statistics figures as reported by Lloyds List show that overall Asia- Europe volumes increased in April 5.2% year-on-year to 1.2m teu, meaning that for the first four months of the year, volumes have increase 5.8% year-on-year to reach 4.7m teu, the Review reads.
The dry bulk market continues to struggle with its overall lackluster performance. The Baltic Dry Index (BDI) remained hovering below the 1,000 point mark last week, as the index declined 96 points across the week to finish at 906. All sub-segments saw declines, with the Capesize market losing part of the momentum it had developed over the previous week. Despite this, according to Fearnley’s latest weekly report, it was a positive week for large vessels, mainly due to increased Atlantic volumes, a major miner taking several ships for front hauls and iron ore deliveries defying worries over record high inventories.