Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
HomeMaritime NewsContainersContainer lines add just six blank sailings over the last week
Coronavirus - Everything you need to know

Container lines add just six blank sailings over the last week

Container lines add just six blank sailings over the last week
Container lines would appear to have largely firmed up blank sailings in their Q2 schedules with just six additional voyages voided over the last week.

Analyst SeaIntelligence said that lines had cancelled just six deepsea sailings over the last week having already announced large scale cuts across the second quarter of the year. As of 20 April container lines had cancelled 435 sailings on the mainline trades equating to a 7m teu demand decline in 2020.

SeaIntel ceo Alan Murphy said the drop off in additional cancelled sailings, “Clearly shows that we have reached a plateau, where carriers are now only blanking very few additional sailings, and for the moment are satisfied that the currently announced blank sailings program is sufficient to underpin the freight rate levels.”

TAGS: Europe blank sailings

 

Related
MSC-Aries-Boarding.jpg
Maritime on edge over heightened Middle East tensions
Apr 16, 2024
The M/V Dali is shown with the collapsed Francis Scott Key Bridge on March 30, 2024, in Baltimore
FBI investigators board the Dali, fourth body recovered in Baltimore harbour
Apr 16, 2024
USCG officials survey Baltimore bridge wreckage on container ship Dali
Dali vessel owner declares general average
Apr 15, 2024
MSC-Aries-Boarding.jpg
Over $90m worth in goods for 7 countries on Iran seized MSC Aries
Apr 15, 2024