News / Coronavirus may be costing container shipping lines $350m every week

Ocean carriers could be losing up to $350m on turnover every week, due to the coronavirus crisis.

The 2M alliance partners, Maersk and MSC,  today confirmed two further void sailings from North Europe to Asia – a knock-on effect of a raft of headhaul blankings which have threatened to stymie the supply chain for European exporters.

The 2M officially withdrew its AE2/Swan eastbound loop, with the Marseille Maersk vessel advertised to start loading in Felixstowe on 17 February, and the AE6/Lion stemmed to commence ...