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Container volume at major Chinese port increased in mid-June

Container volume at major Chinese port increased in mid-June

01/07/20

The container volume of eight major Chinese ports increased 2.5% year-on-year during the period of mid-June. The cargo throughput at major coastal ports increased 2.4%.

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HMM's fleet of box ships increases, other top ocean carriers cut capacity

HMM's fleet of box ships increases, other top ocean carriers cut capacity

01/07/20

Every deep sea carrier has reduced its operated capacity this year, except South Korea's HMM, which is taking delivery of a series of the world's largest vessels.

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2M Asia-Europe 'inducement' loop starts loading

2M Asia-Europe 'inducement' loop starts loading

01/07/20

2M partners Maersk and MSC started loading their inducement Asia-North Europe loop service in China last week, as bookings remain steady on the route.

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Alliances announce more blank sailings

Alliances announce more blank sailings

22/04/20

Ocean carriers have announced more blank sailings from Asia to Europe and the US, as they struggle to match capacity with falling demand.

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Idle containership fleet set to hit record high of three million teu

Idle containership fleet set to hit record high of three million teu

15/04/20

Idled containership capacity is expected to reach a record high of 3m teu within weeks, in the “worst capacity crisis the industry has ever seen”, according to new data from Alphaliner.

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India's main ports at a standstill as imports clog storage and exports dry up

India's main ports at a standstill as imports clog storage and exports dry up

08/04/20

India’s 21-day coronavirus lockdown has caused severe cargo congestion at key ports and container freight stations.

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COVID-19 pandemic prompts carriers to make additional capacity cuts

COVID-19 pandemic prompts carriers to make additional capacity cuts

08/04/20

In addition to capacity reductions planned earlier this year, both the 2M and THE Alliance have announced major capacity cuts in the Asia - Europe trade. These will be implemented with almost immediate effect, as carriers are confronted with a sharp decline in westbound volumes.

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Carriers eye huge savings by giving Suez a miss and going the long way round

Carriers eye huge savings by giving Suez a miss and going the long way round

08/04/20

With shippers seeking longer transit times during coronavirus lockdowns, carriers could consider routing some Asia-North Europe headhaul voyages via the Cape of Good Hope.

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