FEFC says westbound Asia/Europe volume up 18% in April
The Far Eastern Freight Conference said today that westbound Asia/Europe volume transported by its member lines increased 17.6 percent in April to reach 763,634 TEUs.
The 16 shipping line members of the FEFC are estimated to control about two-thirds of the available Asia/Europe vessel capacity.
The FEFC said that Far East to North Europe volume rose 18.2 percent year-on-year to 490,128 TEUs, while Asia to Mediterranean growth in the month was 16.3 percent with volume of 273,506 TEUs.
After four months of 2007, total westbound volume of the conference lines improved 19.9 percent to 2.88 million TEUs.