SeaIntel: Rates completely unaffected by blank sailings

Container shipowners save on costs and increase the degree of utilization on other vessels when sailings are canceled, causing major inconvenience for customers. But as a tool for boosting rates, the effect of blank sailings is non-existent, notes SeaIntel.
Photo: Hyundai Merchant Marine
Photo: Hyundai Merchant Marine

Blank sailings have proven to be completely ineffectual for container carriers as a tool to increase the overall rate level on key routes between Asia and North Europe as well as between Asia and the US West Coast.

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