MSC and CMA CGM gobble up capacity from non-operators
Don’t forget those intra-regionals…
ID 131761587 © Alexey Novikov | Dreamstime.com
Carrier expectations of a rule-enforced ship-scrapping bonanza – and capacity reduction of around 10% – are “overblown”, according to consultant Alphaliner.
It says this will put shipping on course for a period of overcapacity and low freight rates.
Predictions from some carriers that the IMO’s new carbon intensity indicator (CII) will result in a 10% decrease in the world fleet are exaggerated, Alphaliner said, suggesting “the real fallout will likely be smaller, and it will only ‘creep’ into the maritime transport chain, ...
Comment on this article
Rajeev Kathuria
November 27, 2022 at 11:15 amPer below with the Demand came down by almost 30% Globally and the Capacity is Building up due to Large Order Book
Ocean carrier are Struck in the vicious Cycle, as if they have keep picking up the Cargo & Big carrier will have to Push hard to fill & Small Carrier will have the Difficult time to maintain the Revenue Stream.