Gemini to reintroduce direct Asia-Europe calls at Aarhus and Gothenburg
The first cracks in the Gemini partners’ philosophy of limiting direct calls on their Asia-Europe ...
Hope for a resumption of Suez Canal transits by container lines were dented over the weekend, after the US and Yemen’s rebel Houthis group traded missile attacks.
Today, Houthis leaders said they had launched a wave of missile and drone attacks on US warships, following a ...
CMA CGM South Korean staff strike over bonuses after bumper 2024 profit
MSC switches two more Asia-Europe port calls from congested Antwerp
CMA airline returns two freighters, while ANA takeover of NCA looms
Nightmare for Bangladeshi exporters as congestion and tariffs bite
Tradelanes: Export boom in Indian sub-continent triggers rise in airfreight rates
Carriers introduce surcharges as congestion builds at African ports
Ports and supply chain operators weigh in on funding for CPB
Box ship overcapacity threat from carrier appetite for new tonnage
Comment on this article
Vincy Sebastian Kannath
March 18, 2025 at 4:05 pmThe Suez reopening is a favourable scenario for carriers and if it does, everybody knows who loses Millions of USD in the process. The overcapacity is absorbed today by the COGH routing but Suez route resumption would mean extremely excess supply of capacity v. demand. Shippers and Consignees are paying for the detour via COGH and there isn’t enough done to support the customer because at the end the average consumer pays for the high shipping cost.