ShippingWatch

SeaIntel calls for less capacity on Asia-Europe

The planned reductions for container shipping between Asia and Europe in relation to the Chinese Golden Week are not enough to make the market profitable, writes SeaIntel.

Photo: Hapag-Lloyd

If the major container shipping companies are to succeed in raising the freight rates to acceptable levels on the key routes between Asia and Europe, they need to further reduce the capacity between the two continents, says an analysis by SeaIntel. The analysts have looked at the planned reductions in relation to Golden Week, and 11 weeks ahead.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Related articles

Latest news

See all jobs