News / Container lines praised for finally finding capacity management skills

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Ocean carriers have this year shown themselves to be “well-skilled” in the art of capacity management, according to a Drewry report.

It attributes their success in lifting rates to their ability to juggle supply-demand peaks and troughs.

Drewry’s Global Freight Rate Index was 37% higher in the first five months of this year than in the same period of 2016, despite container shipping’s well-known oversupply fundamentals.

The research consultant has identified what it terms the carriers’ “five-part trick”, which they have deployed to combat the ...