News / Blank sailing plans for 'Golden Week' would push shipping rates even higher

© Julien Viry Dreamstime.com

Ocean carriers are reported to be considering a new round of blank sailings from Asia around China’s Golden Week holiday, in the first week of October, to support their massive rate gains of the past year.

There has been no sign of any easing of the record high rates on the major transpacific and Asia to Europe tradelanes in the last few weeks, with the current lockdown at Ningbo’s Meishan terminal ensuring space will remain extremely tight right up to the ...