News / Boxlines pin their hopes on a strong peak season and new GRIs to erase the red ink

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According to analysis in Drewry’s Container Insight Weekly, ocean carriers need this year’s peak season to “exceed expectations” for load factors to support general rate increases (GRIs) and the good start to 2015 made in Q1.

However, the transport consultant also noted that a better-than-expected supply-demand ratio would need to be achieved against a backdrop of some 200,000 teu of new capacity due to be delivered in July alone ? including eight ultra-large container vessels (ULCVs) of 10,000 teu or more.

Moreover, ...