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SeaIntel: 40,000 containers in excess per week

The latest numbers for the container transport between Asia and Europe looks bleak, says analyst bureau SeaIntel. “They need to take out 40,000 twenty foot containers per week in order to create short term balance.”

Photo: Maersk Line

A massive drop in container transport between Asia and Europe in July makes for surprising and bleak reading for container shipping companies such as Maersk Line, says analysts SeaIntel.

According to Lloyd’s List, the latest numbers from Container Trades Statistics show that there were 13.2 percent less containers shipped to Europe from Asia in July, which is significantly less than SeaIntel expected. SeaIntel keeps a close watch on the global container market.

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