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.

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.

Although the number of weekly sailings between Asia and North Europe in the fourth quarter has been cut by 3.8 so-called strings, the actual reduction in capacity is just one percent more than the same period last year. According to Alphaliner, it is important to factor in that ships on these routes have become bigger. The ships along the route are on average 14,000 teu against 12,000 teu one year ago.

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