Red Sea crisis proving 'a boom period' for feeder operators
The ‘new normal’ of ocean shipping disruption is good news for feeder operators, which have ...
This story was altered at 2:15 on 14 December.
Carriers hit by slow demand, causing overcapacity and plummeting freight rates, are diverting Europe-to-Asia vessels around the Cape of Good Hope, effectively cutting capacity, but increasing greenhouse gas (GHG) emissions and saving on canal fees.
In its weekly report published today, Alphaliner lists 13 such ships – three of which are not confirmed – most belonging to carriers from THE Alliance.
“Based on an exemplary non-stop voyage from Rotterdam to Singapore, the diversion around ...
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