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Container shipping lines on the key Asia-Europe trades are moving to cut back on capacity in preparation for a lull in volumes following the start of the forthcoming Chinese New Year, which begins on 10 February.

According to shipping consultancy Alphaliner, weeks seven (commencing 11 February) and eight (commencing 18 February), will see carriers skip a series of sailings that will substantially reduce capacity on the trade, albeit briefly.

Altogether, some 15 sailings over the course of the fortnight ...

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