DHL GF: Ocean freight market update

Vessel capacity on the Far East – North Europe trade lane remains a key challenge

DHL GF‘s take on the ocean freight market: “Carriers are planning to add up to 28,000 TEU weekly on the Asia – North Europe trade in 2019, representing a capacity increase of 10%on the route. Weekly capacity on this route will reach 300,000 TEU in Apr 2019, compared to an average of 270,000 TEU in the same period last year. Since the first megamax ships of over 18,000 TEU were delivered in 2013, they have been deployed exclusively on the Far East–North Europe route.”

Full details here.