Disconnect: time-charters and the freight market
Time to jump off?
With the new and rejigged east-west alliances now bedded in, liner consultancy SeaIntel has taken a fresh look at how the shake-up has impacted weekly capacity and port coverage on the Asia-Europe trades – given that services have declined as a consequence of the vessel sharing agreements.
According to SeaIntel data, the number of strings on the Asia-North Europe route has fallen from 26 to 21, while the number of services between Asia and the Mediterranean has been reduced from 17 ...
European port congestion now at five-to-six days, and getting worse
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