Members of the New World and Grand alliances, moving to match the expansion of larger rivals, said Tuesday they will forge a new vessel-sharing alliance operating 90 vessels on Asia-Europe trade lanes.

OF the 50 service contracts filed with the US Federal Maritime Commission (FMC), almost half are linked to Drewry indexes, attesting to the popularity of the Britain's Drewry Maritime Research container freight rates analysis, reports London's Containerisation International.