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    Three million TEU cut from Asia-Europe, transpac from week 5 to mid-year

    来源:shippingazette.com    编辑:编辑部    发布:2020/04/21 10:11:51

    THREE million TEU is to be removed from Asia-Europe and transpacific container shipping trades combined between week five to the middle of the year, equivalent to 16 per cent of average weekly capacity, according to Sea-Intelligence.

    Container lines are cutting one in six ex-Asia intercontinental sailings on Asia-Europe and transpacific trades, new analysis by Sea-Intelligence indicates.

    As of April 11, 384 sailings are now blanked due to the pandemic. During the past week the carriers announced an additional 83 blank sailings on various deep-sea trades, the analyst said, reported London's Lloyd's Loading List.

    "To put this into perspective, this equals 2.4 times the normal removal seen during Chinese New Year. As it is well-known how much demand declines each year due to Chinese New Year, it is possible to also estimate the demand impact from the pandemic outbreak," said Sea-Intelligence CEO Alan Murphy.

    "The blank sailings must be seen as the carriers' reaction to an actual demand decline. Comparing the pandemic blank sailings to the Chinese New Year blank sailings it can be seen that we are currently facing a demand decline of roughly 6.4 million TEU globally," he said,

    He estimated that "if the world returns fully to normal after the second quarter and the carriers do not cancel any further sailings - which appears quite unlikely - this would still lead to a demand decline for full year 2020 of four per cent."