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Container lines ‘un-blank’ a small number of sailings

Container lines ‘un-blank’ a small number of sailings

Container lines have started to ‘un-blank’ a small number that had been cancelled in Q2 according to analysts Sea-Intelligence.

Data from the analyst showed that the number of blank sailings announced by lines had remained relatively constant for the last five weeks, and this past week had seen lines actually re-instating, or un-blanking, a small number of services. The latest move though does not yet indicate a rebound in the market as countries start coming out of COVID-19 lockdownss.

“However, it is also clearly shown by the data that this is purely a very small change to the overall development in blank sailings. It cannot be seen as a rebound in demand, nor can it be construed as ‘strong’ demand,” said SeaIntel ceo Alan Murphy.

“It can only be seen as another indication that the carriers’ approach is to blank sailings aggressively to ensure decent utilization on the vessels that do indeed sail, and in the process avoid rate declines.”

As yet lines have not announced any blank sailings for Q3 but these are expected to start being announced in the coming two weeks.

 

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