The blocking of the Suez Canal and the large build-up of ships outside of the canal will likely make capacity plunge by 20 to 30 percent in the coming weeks, says the world's largest container line Maersk on Tuesday.
Maersk confirms to ShippingWatch that capacity is expected to dive in the coming weeks, noting that it could take up to a week alone to send the many waiting ships through the recently reopened waterway that links the Red Sea to the Mediterranean.
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