MSC adds two 10,300-TEU ships to Asia-Latin America lane
MSC took delivery of two 10,300-TEU container ships, MSC Leticia X and MSC Clelia X, from Zhoushan Changhong shipyard in the past week. Transpacific spot rates have topped $10,000 while Asia-Europe rates continue to slide. This highlights divergent market trends.
Transpacific spot rates have risen above $10,000, while Asia-Europe rates are falling faster. Newbuilding deliveries have increased after a summer slowdown, indicating renewed shipyard output. The Far East-South America east coast route is receiving additional vessel capacity as part of this upswing. MSC took delivery of two sister ships, each with a capacity of 10,300 TEU, from the Zhoushan Changhong shipyard. The vessels were named MSC Leticia X and MSC Clelia X and were handed over to MSC in the past week. These deliveries contribute to the ongoing inflow of new tonnage onto the Asia-Latin America trade lane.
Earlier in the week, transpacific spot rates exceeded $10,000 as Asia-Europe rates fell, and newbuilding deliveries resumed after a summer slowdown.
What we know
Transpacific spot rates have exceeded $10,000.
MSC took delivery of two 10,300-TEU ships, MSC Leticia X and MSC Clelia X, from Zhoushan Changhong in the past week.
The Far East-South America east coast route is continuing to receive capacity as newbuilding deliveries pick up after a summer lull.