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SeaIntel: Asia-Europe reduction merely symbolic

The capacity on Asia-Europe will have to be reduced even more than the reductions announced by Evergreen and Hanjin Shipping if the reductions are to be considered as anything more than symbolic acts, Lars Jensen from SeaIntel assesses in an interview with ShippingWatch.

Photo: Hanjin

Yesterday’s announcement from Evergreen and Hanjin Shipping to follow in the footsteps of Maersk Line and reduce capacity on Aisa-Europe is a positive sign but not much more than that, Shipping Analyst Lars Jensen from SeaIntel assesses.

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