Real test of Gemini hub and spoke model yet to come, says Maersk
Early signs may be positive for the Gemini Cooperation’s “hub and spoke” model, but head ...
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Carrier expectations of a rule-enforced ship-scrapping bonanza – and capacity reduction of around 10% – are “overblown”, according to consultant Alphaliner.
It says this will put shipping on course for a period of overcapacity and low freight rates.
Predictions from some carriers that the IMO’s new carbon intensity indicator (CII) will result in a 10% decrease in the world fleet are exaggerated, Alphaliner said, suggesting “the real fallout will likely be smaller, and it will only ‘creep’ into the maritime transport chain, ...
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Rajeev Kathuria
November 27, 2022 at 11:15 amPer below with the Demand came down by almost 30% Globally and the Capacity is Building up due to Large Order Book
Ocean carrier are Struck in the vicious Cycle, as if they have keep picking up the Cargo & Big carrier will have to Push hard to fill & Small Carrier will have the Difficult time to maintain the Revenue Stream.