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© Mr.suchat Bea

The three vessel-sharing alliances have cancelled a colossal 53 Asia-Europe westbound sailings in the first seven weeks of this year.

According to an Alphaliner analysis, this represents 27% of their original scheduled capacity.

And carriers could decide to blank more sailings if demand is worse than expected after the Chinese New Year holiday, which commences on Saturday.

Ocean Alliance members CMA CGM, Cosco, OOCL and Evergreen have voided 23% of their Asia-Europe headhaul voyages scheduled for 1 January to 17 February, according to ...

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