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Shippers and forwarders in the Asia-Europe trade currently experiencing tight space constraints need to prepare themselves for further cuts in capacity in mid-August, as carriers’ desperate attempts to curtail space continue in an effort to hold up freight rates.

Liner consultancy SeaIntel Maritime Analysis has identified weeks 31 and 34 – commencing 29 July and 19 August respectively – as particular choke points for shippers and forwarders, with overall weekly capacity across all carriers set to be dramatically cut.

Week 31 will ...

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