Global container demand declines spurred by backhaul blues
All eyes on the tariff fallout
October sailings from Asia to Europe are being cut to below-demand levels in a final attempt by carriers to push up rates before the start of the slack season.
Multiple blank sailings have been announced by members of the three alliances for both North Europe and the Mediterranean around the Chinese Golden Week holiday in the first week of October, and through to the end of the month.
The latest customer advisory from THE Alliance lead line Hapag-Lloyd said the cancelled sailings, ...
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Comment on this article
Rajeev Kathuria
September 12, 2023 at 9:26 amThis will be utter non Sense from the Ocean Liner side & they will make this situation never to rise again on the Freight /Yield .Rather they should hold minimum levels to get across sailing ‘s