ShippingWatch

SeaIntel: Blank sailings could secure carriers' rate increases

Blank Sailings can be an efficient tool for container carriers in relation to securing the desired rate increases, says SeaIntel in a new analysis.

Photo: Hanjin

Container carriers could benefit from keeping blank sailings in mind when planning new general rate increases (GRI's) on Asia-Europe, according to a new analysis by SeaIntel where the analyst agency has reviewed material from the past two and a half years.

Carriers ordinarily use blank sailings to control the tonnage supply on key routes between Asia and North Europe, and in order to successfully impact the rate level this would require that at least 10 percent of the sailings are blanked before the GRI is announced.

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

Further reading

Related articles

Latest news

See all jobs