News / Shippers must prepare for bleak winter programme of Asia-Europe service cuts

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Shippers can expect even more container shipping services to be mothballed as the traditional slack season approaches.

According to Drewry Maritime Research, this year could be tougher than last for shippers to book space.

“Carriers will need to retrench further than they did in last year’s slack season if they hope to restore ship utilisation to levels that will support significant price gains,” it said.

While end-of-year service suspensions are a “regular part of carriers’ tool kits to deal with seasonal demand troughs”, ...