Liner Carriers Firing Few Blanks As Trade Capacity Remains Tight In Q1 2021
“Data from eeSea’s Blank Sailings Tracker is showing that 1.7% and 0.6% of head haul sailings on the three main East/West liner trades have been cancelled in February and March 2021 respectively, compared to the 19.9% and 9.4% sailings cancelled in the same months last year…”
Liner carriers firing few blanks as capacity remains tight
“Data from eeSea’s Blank Sailings Tracker is showing that 1.7% and 0.6% of head haul sailings on the three main East/West liner trades have been cancelled in February and March 2021 respectively, compared to the 19.9% and 9.4% sailings cancelled in the same months last year…”
Fewer blank sailings in early 2021 on year amid strong containerized trade demand: eeSea
“According to a blanked sailing database produced by maritime intelligence company eeSea, carriers have cancelled only 1.7% of February head haul sailings on the Far East to North America, Far East to Europe, and Europe to North America routes, the three most active container trades worldwide…”
LINER CARRIERS FIRING ONLY FEW BLANKS, AS TRADE CAPACITY REMAINS TIGHT IN 2021 Q1
Analysis by eeSea shows Blank sailings at much reduced numbers in 2021 and container-carrying capacity up compared to 2020. eeSea launches a free Trade Capacity Index and Blank Sailings Tracker.
Liner Carriers firing few blanks as capacity remains high
“Data from eeSea’s Blank Sailings Tracker is showing that 1.7% and 0.6% of head haul sailings on the three main East/West liner trades have been cancelled in February and March 2021 respectively, compared to the 19.9% and 9.4% sailings cancelled in the same months last year…”
Tight Ocean Freight Market Continues With No End in Sight
“Ocean carrier tracking firm eeSea recently told the Loadstar that on all of the major trunk routes - transatlantic, transpacific and Asia-Europe - only two percent of head haul sailings have been canceled for next month, and less than one percent in the month after…”
Fewer blanked sailings over Chinese New Year 2021 than ever before
“Announced blank sailings for what is normally shipping’s slack season are far fewer this year than previously, according to data from liner database eeSea’s Blank Sailings Tracker…”
Some relief at last for Bangladesh shippers as India offers use of its ports
“India has offered Bangladesh shippers the use of its seaports for export and import trade to third countries…”
Latin America's cherry season starts to bite as capacity pours in
“The battle to transport South American cherries is under way, with exporters firmly focused on Chinese markets, where the yields are best…”
Spot rates still climbing, but lack of empty boxes the prime worry for forwarders
“Container spot rates continued to climb on the Asia-Europe trades this week on the back of strong demand and extremely tight capacity, in terms of both vessel and equipment availability…”
Maersk doubles AE19 Asia-Europe rail capacity again as demand grows
“Just months after transforming its Asia-Europe rail offering into a weekly service, Maersk is set to double capacity again and offer two departures a week…”
More blank sailings as Hapag-Lloyd sets new Asia-N Europe freight rate record
“THE Alliance plans to blank a quarter of its Asia-North Europe sailings in the first week of December, coinciding with lead line Hapag-Lloyd’s plans to hike its rates on the route by 70%…”
Carriers boost capacity on the transatlantic to keep pace with demand
“Transatlantic shippers can look forward to an increase in capacity on the trade, as both the 2M and THE alliances introduce larger ships…”
Spot rates hold steady as retailers anticipate consumers shopping early for Xmas
“As China’s Golden Week national holiday comes to an end, container shipping spot rates on the main east-west trades have remained flat…”
Carriers follow through with capacity discipline and blank more sailings
“Ocean carriers are continuing with their “cautious” approach to capacity management, announcing a new series of blanked sailings in October…”
Transpacific rates hit new high – $4,000 from Asia to USWC looks likely
“The Shanghai Containerized Freight Index (SCFI) has continued on its bull run this week, its comprehensive index ticking up another 16 points today to 1,184, which is 53% higher than a year ago…”
PPE driving US import surge as July box traffic hits record levels at LA/LB
“Despite the pandemic, the San Pedro Bay ports of Los Angeles and Long Beach saw strong container imports in July, with the better-than-expected volumes set to continue this month…”
India’s container space tightness seen easing in Sep as imports recover after lockdown
“September’s available container capacity is expected to rise 7% year on year, snapping six straight months of lower-than-usual capacities, eeSea said, noting available capacity in May was down 22% on year…”
Demand driving transpacific prices sky high, with Asia-Europe benefiting too
“Container spot freight rates on the transpacific trades leapt this week, with prices from Asia to US west coast ports sailing way above $3,000 per feu – and looking set to jump higher…”
India's container space tightness seen easing in Sep as imports recover after lockdown
“Container space tightness in India is expected to ease from September as imports rebound after a nationwide lockdown to contain the coronavirus, delivering more containers to India's ports, market sources said…”