Liner Carriers Firing Few Blanks As Trade Capacity Remains Tight In Q1 2021
Data from eeSea’s Blank Sailings Tracker is showing that 1.7% and 0.6% of head haul sailings on the three main East/West liner trades have been cancelled in February and March 2021 respectively, compared to the 19.9% and 9.4% sailings cancelled in the same months last year.
Very few sailings have so far been cancelled for the Q2 2021 period, whereas in 2020, Q2 cancellations amounted to 14.7% of expected sailings.
Simon Sundboell, CEO of maritime and supply chain intelligence company eeSea, said: “In the first half of last year, blank sailings were widely considered as a way of managing capacity during the Covid-19 crisis. However, this is now being blamed for the unanticipated increase in freight rates and significant delays across the supply chain.”
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