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Wed, Feb

Asia-Africa now fastest growing lane

Container News
Asia-Africa now fastest growing lane

Most of the new container shipping capacity of 2.27 million TEU that came online went to Middle East and Indian Subcontinent-related trades (607,430 TEU slots), liner services to and from Sub-Saharan Africa (575,410 TEU) and the Far East – Europe route (451,074 TEU).

Alphaliner stated in its report today that Africa and Middle East/Indian Subcontinent are now by far the fastest growing markets. For Africa-related services, the substantial 27.3% capacity growth is clearly related to the Asia – Africa segment.

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