News / China-to-N Europe spot rates start to fall as record peak demand eases

Photo: Freepik

2M Alliance members Maersk and MSC have reduced port calls in Europe on upcoming sailings to avoid congestion after ocean shipping demand from China to North Europe continued to break records in June. 

The Danish shipping giant advised customers yesterday: “In light of the current supply chain bottlenecks faced across the network, we are implementing measures to improve schedule reliability on the Far East Asia to North Europe network.”  

The move is a bid to improve schedule reliability on three services ...