The Hindu Business Line : Capacity up on Asian trades

THE shipping lines added capacity on the Asian trades in 2004, according to a study undertaken by a US shipping research and database provider, Compair Data. According to the study, tradewide East-bound trans-Pacific capacity rose 17 per cent to 298,000 TEUs a week in the first week of January 2005, up from about 255,000 TEUs a week in early 2004.

Similarly, the capacity on the west-bound Asia to Europe trade increased by around 18 per cent to 217,000 TEUs a week from about 183,000 TEUs a week during the same period.

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