DB Schenker: We need the many new ships carriers are deploying

Overcapacity or not, climate regulations and dissolved alliances create a need for more ships, says DB Schenker executive: ”Simply put. I think the new capacity is needed to ensure operations.”
"Especially when you manage inbound supply chains which should be on sync you need more than one shipping line just in case you have void sailings or volume fluctuations," says Thorsten Meincke, COO for Air and Ocean at DB Schenker. | Photo: Db Schenker
"Especially when you manage inbound supply chains which should be on sync you need more than one shipping line just in case you have void sailings or volume fluctuations," says Thorsten Meincke, COO for Air and Ocean at DB Schenker. | Photo: Db Schenker

Overcapacity is a serious threat to container carriers in the coming years with low freight rates, weak demand, and a total order book for new ships that has never been bigger — but German freight forwarder DB Schenker is pleased with the shipping companies’ bulging order books.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading