A part of Watch Media

ShippingWatchThursday2 February 2023

  • Search
  • Log in
  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Search
  • Log in
  • Latest
  • Search
  • Log in
  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Offshore
  • Ports
07/09/2015at 11:55

SeaIntel: Too many ships in the water during Golden Week

Leading up to the Chinese Golden Week holidays, the capacity on the container route from Asia to Europe has already been reduced by 52,000 teu. Yet the holiday period requires more cancellations, according to data from previous years, notes SeaIntel in a new analysis.
BY JOHANNES HARTKOPF-MIKKELSEN

Freight rates are set to plunge if more container departures are not canceled from Asia to North Europe in week 41, when China celebrates Golden Week with a one week holiday, concludes SeaIntel in a new analysis comparing the departures scheduled for this year's Golden Week with the numbers from the same holiday period over the last three years.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters

Get full access for you and your coworkers

Start a free company trial today

Related articles:

  • Photo: Hanjin

    SeaIntel: Mega-ships set to hit Asia-Australia

    For subscribers

  • Photo: /Ritzau/Mikkel Tariq Khan

    Small online companies could threaten established freight forwarders

    For subscribers

  • Alphaliner: Significantly more idle ships in coming weeks

    For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Foto: Mærsk Mc-kinney Møller Center for Zero Carbon Shipping
Regulation

Mærsk Center for Zero Carbon hires new executive from port company

Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping recruits new executive profile from major port company.
  • Dorian LPG enters new partner agreement with Mærsk Center for Zero Carbon

For subscribers

Foto: Stolt-nielsen
Tanker

Stolt-Nielsen expects good times ahead for chemical tanker after new profit

Foto: DSV
Logistics

DSV books a much improved 2022 result – but a new reality now awaits

For subscribers

Foto: Zhang Ke/AP/Ritzau Scanpix
Offshore

There aren't enough ships to install giant wind turbines across Asia

For subscribers

Foto: Patrick Hill
Offshore

Creditors in crisis-stricken Dof request bankruptcy proceedings

For subscribers

Foto: Christian Charisius/AP/Ritzau Scanpix
Container

European carrier orders 12 methanol vessels at Korean yard

For subscribers

Further reading

Foto: Shailesh Andrade/reuters/ritzau Scanpix
Container

Carriers move tonnage from weakened China to especially two other routes

Container liners have to a large extent transferred tonnage from routes out of Asia throughout 2022 to the benefit of two alternative routes in particular.

For subscribers

Foto: Christian Charisius/AP/Ritzau Scanpix
Container

European carrier orders 12 methanol vessels at Korean yard

A South Korean yard has received an order for 12 green methanol ships. Methanol is beginning to look like the fuel of the future, says one ship broker.

For subscribers

Foto: DSV
Logistics

DSV books a much improved 2022 result – but a new reality now awaits

Danish logistics firm DSV delivered strong top and bottom line progress last year, but the company is setting the stage for a very different 2023.

For subscribers

Latest news

  • Mærsk Center for Zero Carbon hires new executive from port company – 12:28
  • Stolt-Nielsen expects good times ahead for chemical tanker after new profit – 11:27
  • There aren't enough ships to install giant wind turbines across Asia – 10:43
  • Creditors in crisis-stricken Dof request bankruptcy proceedings – 10:38
  • DSV books a much improved 2022 result – but a new reality now awaits – 08:53
  • European carrier orders 12 methanol vessels at Korean yard – 1 Feb
  • Dan-Bunkering has millions tied up in collapsed British shipping company – 1 Feb
  • Carriers scrapped 292 vessels on South Asian beaches last year – 1 Feb
  • Maersk becomes logistics partner for Asos – 1 Feb
  • Wärtsilä had to abandon valuable projects after departure from Russia – 1 Feb
See all

Jobs

  • Copenhagen Shipping Company is hiring a skilled cargo broker

  • Senior Lead, Human Sustainability at Sea

  • Financial Controller for International Shipping Company

  • Fleet Manager

  • Foundation Package Manager - Offshore wind industry

  • Senior Financial Controller

  • Junior Finance Business Partner - offshore wind industry

  • Chartering Manager for Lauritzen Bulkers A/S

Jobs

  • Copenhagen Shipping Company is hiring a skilled cargo broker

  • Senior Lead, Human Sustainability at Sea

  • Financial Controller for International Shipping Company

  • Fleet Manager

  • Foundation Package Manager - Offshore wind industry

  • Senior Financial Controller

  • Junior Finance Business Partner - offshore wind industry

  • Chartering Manager for Lauritzen Bulkers A/S

See all jobs

Colophon

ShippingWatch
Search

Sections

  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Offshore
  • Ports
  • Sitemap
  • RSS feeds

Editor

Tomas Kristiansen

tk@shippingwatch.dk

Tel.: +45 3330 8360

Editor-in-chief

Anders Heering

Publisher

JP/Politiken Media Group Ltd

Advertising

annoncering@infowatch.dk

Tel.: +45 7077 7445

Advertising

Job Advertising

job@infowatch.dk

Tel.: +45 7077 7445

Jobs

Subscription

Try ShippingWatch or get an offer for a subscription meeting the exact needs of you or your company.

shippingwatch@infowatch.dk

Tel.: +45 7077 7445

Learn more about subscriptions here

Address

ShippingWatch

Rådhuspladsen 37

1785 Copenhagen K, Denmark

Tel.: +45 3330 8360

Guidelines

  • Privacy Policy

Copyright © ShippingWatch — All rights reserved

Microsoft is in the process of discontinuing Internet Explorer – and so are we.
For a better experience, we recommend using one of the following browsers.

Kind regards,
ShippingWatch

Google ChromeMozilla FirefoxMicrosoft Edge