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Blanked capacity on Asia-North Europe is now at 19.9%, which is higher than the 2017-2019 period.

Capacity controlled by an increase in blank sailings to 35.8%

MSC, Maersk only carriers with schedule reliability above 60%

With shipping lines sitting on piles of cash, there may be another price war: Sea-Intelligence

There have been 34 additional blank sailings announced on Asia-NAWC and 16 on Asia-NAEC

Even with 26-31% capacity reduction on Transpacific & 19-27% on Asia-Europe, rates continue to fall: Sea-Intelligence

Peak reduction following Golden Week was 15-17% in 2019, and average of 9-11% in 2014-2018.

As transportation time is now getting shorter, additional containers will be released back out of the supply chain.

There was, however, a 4% increase in June 2022, says Sea-Intelligence

With the market on a decline in terms of supply/demand, shift in sailing distance impact becomes an added element.

Blank sailings have been traditionally used as a tool by container shipping lines to manage supply and bring it down in line with demand."Over the...

Caveat: Hapag-Lloyd’s operational performance in relation to their equipment is taken as a proxy for the entire market.