Despite ocean carriers discounting container spot rates from Asia this week, there was still insufficient cargo to sustain the already reduced alliance service networks.
Maersk and MSC were obliged to cancel this week’s 2M AE7/Swan loop from China to North Europe at the last minute after they were unable to secure enough cargo.
The 19,472 teu MSC Rifaiya commenced its loading programme in Ningbo, China on Monday, but rather than despatch the …

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Source: The Loadstar