Alphaliner, the freight analysts, reported that weekly sea freight  capacity on the Europe-Far East trade lane will increase from the current level of 248,000 teu to 284,000 teu weekly.

With significant alliances and consolidation on this trade lane in 2011, this increased capacity is a good indicator of the predicted fierce level of competition which is expected in 2012.

The main question posed by freight shippers is whether or not a rate war will ensue as a result of increased capacity?

Analysts believe that a rate war will be minimised by transferring shipments of over 10,000 teu’s onto secondary trade lanes. Despite this, analysts…

Despite total tonnage rising 3.4% in November, India’s port of Mumbai saw container traffic fall by 12.7% when compared to November 2010.

Despite the drop in traffic when compared to last year the Tariff Authority for Major Ports approved a tariff increase for the port of Mumbai despite strong protestations.

Mumbai port lies in the south section of the western edge of Mumbai Harbour and is commonly known as the “gateway to India”, and was pivotal in making Mumbai the commercial capital of India.