Trade Analysis: Far East Eastbound
Situation
Volumes decreased in August, as is typical for the holiday season in Europe.
Obstacles
Schedule delays, port congestion, and strikes at selected European ports are affecting transit time reliability.
Outlook
Compared to August, September volumes are expected to increase, driven mostly by seasonal agricultural exports and chemical products.
Main Ports: North Europe to Far East
Source: Market average rates for 40‘ containers according to www.xeneta.com
Main Ports: Mediterranean to Far East