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SeaIntel: Chinese New Year brings fewer cancellations in 2015

The Chinese New Year, which has traditionally led to several blank sailings on container services, looks set to be less severe this year than usual, says SeaIntel in a new analysis.

Celebrations of the Chinese New Year traditionally represents a tough period for the container shipowners on the big Asian trades, as they are forced to cancel several sailings, so-called blank sailings. But the shipowners look set to be affected less severely this year, according to SeaIntel in a new analysis:

"The decrease in the number of services and the fact that the vessels in general are larger than last year will result in fewer blank sailings, as there are fewer weekly departures that can be blanked and the impact of one blank sailing on the weekly capacity is larger."

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