Shippers should expect more Asia-Europe blanked sailings as rates rise

Gavin van Marle - May 29, 2024

“It was just over a month ago that forwarders began to realise significant disruption was on the way for the Asia-North Europe trade – a sudden surge in demand led to tight space, combined with the beginning of spot rates’ rapid rise.

However, it also appears to have caught carriers off guard as well, as data obtained from the eeSea liner database shows that capacity reductions on the trade in April amounted to almost 25% of previously advertised capacity.”

See the original story at: The Loadstar