( – FocusAsia Media Ltd)

Black Sea port of Novorossiysk 05

LONDON, Apr 20 (FAM) – Eastbound shipments on the Asia-Mediterranean trade increased by 16% year-on-year in the first two months of 2017, massively overshadowing a 3% drop in the westbound leg, container shipping analyst Drewry reported this week based on the latest Container Trade Statistics (CTS) data.

It said westbound Asia to Mediterranean volumes had been “disappointing” thus far in 2017, but shipments heading in the opposite direction are surging, adding: “Similar to the Asia-North Europe trade, the backhaul market is currently on top in the Asia-Mediterranean/North Africa route.”