ShippingWatch

Drewry: Sailing cancellations boost rates by 7 percent

Container carriers have cancelled close to 150 sailings on the Pacific and between Asian and Europe from October 2012 to February this year. The strategy is not new, but the duration is, writes Drewry.

Photo: APM Terminals

Container carriers have cancelled close to 150 sailings on the Pacific and between Asian and Europe from October 2012 to February this year, and the strategy has had a significant impact on the freight rates, says shipping analysts Drewry in the Container Insight Weekly.

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