Congestion at Asian and European ports keeping charter rates firm
UPDATED TO CHANGE ECONDB DELAYS FROM VESSEL WAITING TIMES TO CONTAINER DWELL TIMES. Bottlenecks at Asian ...
Passenger aircraft are coming back into the market – in some regions – but capacity in Europe remains tight.
For example, Lufthansa Cargo told customers this week it was unable to offer capacity guarantees on continental flights out of its hubs in Europe, owing to high volumes of cargo – a ban that will remain until 31 December.
However, widebody passenger capacity between Asia and Europe rose 16% in weeks 44 and 45, according to Accenture Seabury data, released this morning.
Freighter operators, ...
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