Containership charter market feels the ripples from trade tensions
The charter market for containerships is diverging in response to the many pressures on supply ...
ID 52313310 © Joe Sohm | Dreamstime.com
2M partners Maersk Line and MSC have announced plans to blank sailings between Asia and the US east coast, as carriers attempt to curtail an increasingly steep spot rate slide through restricting capacity.
A statement from MSC indicated the trade was still suffering from a post-Chinese New Year demand slump.
“MSC would like to inform customers about an additional blank sailing during week 14 to rationalise capacity supply from Asia to the US east coast.
“A contingency plan will be in place allowing ...
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