Ultra large box ships and the distorted shipping cycle
Received wisdom – are the wheels coming off?
Newbuild 24,000 teu ultra-large container vessels are now being idled as soon as they are delivered in Asia, as carriers are obliged to blank more sailings due to weakening demand.
According to a research note from Alphaliner today, the 2023-built 24,346 teu MSC Micol was scheduled to begin its maiden voyage from Shanghai on 12 October, joining the 2M’s Asia-North Europe AE55/Griffin loop, but it was cancelled as part of an aggressive blanking programme by alliance partners MSC and Maersk.
Alphaliner said ...
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