Independent journal on economy and transport policy
07:29 GMT+1
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We expect a further reduction in containerized hold capacity in the third quarter
Sea-Intelligence announces that earlier this week the size of blank sailing reached 4 million teu
June 16, 2020
The decline in containerized hold capacity planned by shipping companies to respond to the crisis health care was taken over by the Danish company Sea-Intelligence. The company expects the third quarter to be will see an increase in blank sailing further reduce the hold capacity even in consideration of the fact - explained Sea-Intelligence - that the Ocean Alliance consortium, which is made up of CMA CGM, COSCO Shipping Lines, Evergreen Line and OOCL companies, not has yet to announce blank sailing in line with those communicated 2M and THE Alliance consortia, which are made up of Maersk Line and MSC shipping companies and Hapag-Lloyd, HMM, ONE and Yang Ming. In particular, Sea-Intelligence pointed out that in relation to the Asia-Europe routes so far Ocean Alliance has announced capacity reductions of 1-4% 20-25% of 2M and THE Alliance, while Ocean Alliance has announced cancellation of 2-5% of departures compared to 3-10% of 2M 9-15% of THE Alliance.
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