Cancelled, or blanked, sailings have long been used by the container shipping lines to manipulate capacity when volumes fall, but inconsistencies in announcements around China’s Golden Week have been criticised, with accusations of blank sailing gamesmanship by the 2M and Ocean alliances.
The sea freight bunker fuel operation will change significantly when the IMO’s global 0.5% fuel sulphur content cap is enforced from 2020, with shipping lines looking to pass on the additional costs.
Attracting 64,000 visitors from 125 countries Munich’s Transport Logistic is one of the industry’s biggest events, so when shippers and forwarders express concerns over the increasing decline in container carriers the press take notice.
Short-sea services can offer cost savings of up to 50%, for those willing to accept much longer transit times. But is transferring short-sea volumes to containers a way of avoiding any future Dover congestion, or is just making a bigger problem elsewhere.
Asia-Europe volumes may have fluctuated in the 1st quarter of 2019, but it doesn’t hide the fact that growth has been slowing and with 460,000 TEU of ultra-large container vessels scheduled for delivery this year, capacity is going to massively outstrip demand in 2019.
The European Commission is seeking views from stakeholders regarding the existing exemption of container shipping consortia from European Union antitrust rules that ban anticompetitive agreements between companies.
Leading the way for a global shipping industry that is bigger and more consolidated than ever: The Mumbai Maersk has broken the record for the largest amount of cargo ever stowed after leaving Malaysia last week with 19,038 TEU aboard.