Alphaliner: Container carriers not pulling enough ships
On paper it looks drastic when container carriers withdraw ships due to the weak demand, but the actual reduction rate on the Asia - North Europe tradelane is in fact just one percent higher than the same period last year.
BY OLE ANDERSEN
Although container carriers are significantly reducing weekly capacity across the board in response to weak demand, especially on Asia-Europe routes, it is still not enough if shipowners want to push up the all-time low rates.
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