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Blanked sailings soar as carriers anticipate CNY slump
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1 Articles
Blanked sailings soar as carriers anticipate CNY slump
The transpacific, transatlantic, and Asia-Europe trades are all set for a surge in blanked sailings as China’s new year celebrations get under way. The two-week holiday, which begins today and brings most shipping and logistics operations in the country to a halt, has led carriers to blank a wave of sailings for the rest of the month, anticipating a sharp contraction of volumes. According to Drewry’s Container Forecaster, 136 scheduled sailings …
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