Transpacific

The number of new blank sailings of container shipping has started to taper off amid the impact of the coronavirus, a sign that carriers can expect demand ramping up back to normal levels over the next few weeks, according to analyst Sea...

Whilst the outbreak of the coronavirus (COVID-19) continues to have an impact on container shipping, the fallout is slowing down, according to analyst Sea-Intelligence.

Container lines are rolling out surcharges on backhaul routes to Asia as blanked sailings from China on mainline trades due to the impact of the coronavirus putting the squeeze on capacity for imports into the region.

Container lines are taking an estimated revenue hit of $300m - $350m as they blank sailings due to the impact coronavirus in China according to analysts Sea-Intelligence.