Date:21/03/2005 URL: http://www.thehindubusinessline.com/2005/03/21/stories/2005032100530600.htm

Back Capacity up on Asian trades

Our Kolkata Bureau

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.