Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
A “cautious” Hapag-Lloyd has warned it will not accept bookings if port congestion leaves cargo ...
The high number of blanked sailings from Asia to North Europe is leading to some carriers operating “ghost ship” loops on the tradelane.
Alphaliner reported this week that the 2M’s AE1/Shogun service was showing just the 14,036 teu MSC Alexandra on a proforma loop that would normally deploy 11 vessels, ranging from 13,000 to 20,000 teu.
“Though not formally closed, the service is currently a ‘ghost loop’ that has lost almost its entire fleet,” said the consultant.
It said the 2M’s capacity management strategy ...
European port congestion now at five-to-six days, and getting worse
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