Container terminals should “get used to blanked sailings and volume volatility”, while shifting trade flows could benefit hub ports over gateways.
According to Lars Jensen, CEO of SeaIntelligence Consulting, liner industry consolidation has been “phenomenal” in allowing carriers to manage capacity through blanked sailings, with the bumper profits seen in Q2 likely to ensure the frequent withdrawal of capacity becomes a mainstay.
“Ports and terminals have to get used to a market …
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Source: The Loadstar