News / Wan Hai warns of battle for boxes as peak season starts early

© Ivan Naberezhnyy |

The traditional peak season has started early, before the usual July-October period, as shippers are booking slots now due to low availability of vessels and containers.

Speaking at a press conference after releasing its Q1 24 results, Wan Hai Lines GM Tommy Hsieh said: “The Red Sea crisis and challenges in navigating the Suez Canal, have lengthened sailing distances. This, coupled with higher volumes in the near term, has reduced idle capacity to just 190,000 teu, or 0.7% of the total ...