The following analysis comes from Sea-Intelligence. Traditionally, Chinese New Year (CNY) sees a production slowdown in Asia, and the shipping lines blank sailings in order to bring supply in line with demand. In 2020, we saw an extension of CNY due to the Covid outbreak, while in both 2021 and 2022 the shipping lines kept […]
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Global demand continues to decline, and whether we calculate the growth in TEU*Miles or as an annualised percentage over 2019, one thing is very clear: the supply/demand balance is under a lot of pressure. This is the latest analysis from Sea-Intelligence, a leading provider of maritime and shipping data. ‘The latest demand data from Container […]
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In the weeks following Golden Week (weeks 41-43), carriers are taking out significant levels of capacity per week (as shown in figure 1 for Asia-North America West Coast). This level of blanked capacity is not only higher than in 2019 but has also increased from what was scheduled 3 weeks ago in the outlook from […]
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50% of the congestion in ports has been resolved, says Niels Madsen, Vice President of Product and Operations, at Sea-Intelligence, the leading provider of Research & Analysis, Data Services, and Advisory Services within the global containerized supply chain industry. Taking a quick look at the current state of the shipping sector Niels will explain key […]
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