Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
The Asia-North Europe trade will be almost entirely operated by ultra-larger container vessels (ULCVs) during the course of the next three years.
But this will leave shippers with significantly fewer sailings each week.
According to new research from SeaIntel, there will be 90 vessels of 14,000 teu-plus delivered to carriers over the next three years, which means that by 2020, this size vessel will account for 88% of the ships operating between Asia and Europe.
And if all the newbuilds are delivered according to schedule, by then 125 ...
European port congestion now at five-to-six days, and getting worse
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Comment on this article
Ross Delaney
October 24, 2017 at 10:05 pmFamous last words….