Overcapacity looms for ocean trades – with more blanked sailings inevitable
Notwithstanding the possible effects of the US tariffs on global container trades, the box lines ...
The Saudi Arabian hub port of Jeddah is reporting a two-thirds drop in calls from the top ten carriers, as re-routing vessels on Asia-European routes add 5,800 nautical miles to the journey of each container, pushing up CO2 emissions.
Calls at Jeddah by the top carriers were down 67%, with the port now handling shuttle services plying the Suez Canal that need not venture far into the Red Sea, or through the Bab-el-Mandeb strait.
Vessel sizes now average 5,600 teu, versus the ...
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