MSC revamps east-west network as alliance strategies on blanking vary
As container lines try to manage capacity in the face of wild swings in short-term ...
Photo 54887311 | Ship © Delstudio | Dreamstime.com
With excess container liner capacity continuing to be soaked up by the widespread vessel diversions around the Cape of Good Hope, combined with surprisingly strong demand, the recent turnaround in the fortunes of shipping lines is now expected to last into the peak season.
According to new analysis from shipping consultancy MSI, anecdotal evidence shows a round of FAK rate hikes announced earlier this month appear to have had some success.
“The initial signs are that these increases are sticking,” it said.
“Apart ...
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