Tuesday 2 December 08 - 19:59
 

Area Survey Australasia

Australasia-Asian trade demand stifles shipper complaints

Although not in the 'overheated' state of a couple of years ago, AsiaAustralia trades appear to be bouncing back from a lull in the first half of 2006.

A sign of the improvements came as a rate increase for the North Asia routes on July 1 went through with little shipper opposition. This was helped by temporary space shortages on the brink of the peak season due to vessel dry docking and redelivery, and some moderate downsizing of ships.

Motorship