After months of hard time for every steamship line in 2011, it seems like a new hope is arising for the carriers again to increase the rates. In terms of volume comparing to past years October 2011 was an extraordinary month. The national holiday of China between October 1 and 7 always brings some down hill effect to China exports. However, space issue to US has occurred much earlier this year during October. Almost every carrier was loading very well right after the long holiday. The situation lasted for days, and gradually slowed down in early November. Although there is slow down in November, the loading volumes were much better than they were comparing to the first half of the year.
The continuous loss of money in the past months (almost a year) made it very difficult for the most of the steamship lines to run the vessel schedules regularly. [Read more...]