Shippers Should Expect Last-Minute Blanked Sailings as Golden Week Looms - The Loadstar
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3 Articles
Last Minute Blank Sailings May Be Looming Ahead Of Golden Week
Industry observers are warning that a wave of last-minute capacity reductions may be imminent on Asia trades as Chinese Golden Week approaches. The holiday, which runs from October 1st–7th, typically triggers widespread service cancellations, yet the number of announced blanked sailings so far remains well below historical averages. Current schedules show far more capacity on the Asia-Europe market than in previous Golden Week periods. With just…
Shippers should expect last-minute blanked sailings as Golden Week looms - The Loadstar
Shippers have been warned to prepare for last-minute capacity reductions ahead of October’s Chinese Golden Week holiday, with a subsequent “significant risk to rate stability”. Market analyst Sea-Intelligence found that transpacific and Asia-Europe scheduled vessel capacity for the 1 to 7 October period is higher than in recent years, with the number of announced blanked sailings “falling short” of historical benchmarks. But with just five w…
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