News / Ocean carriers find a way to deploy their expanding fleets

Photo: Ellerman

Ocean carriers are slowing-down their ships and deploying extra tonnage on more robust routes as they endeavour to soak up surplus capacity.

And the transatlantic tradelane, which has so far avoided the worst of the freight rate collapse contagion affecting export services from Asia, is seen as a good option.

Maersk advised today it would be adding three extra ships during the first quarter on the North Europe and Mediterranean to US east coast and Gulf coast loops it operates together with ...