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Struggling Ocean Carriers Face China’s ‘May Day’ Shutdowns Next

By Mike Wackett (The Loadstar) – The five-day May Day holiday shutdown in China is adding to capacity adjustment problems for ocean carriers. Notwithstanding the 20% of headhaul Asia-North Europe sailings already cancelled next month, carriers are still struggling to best match supply with ever-weakening demand and to avoid the ‘nightmare’ scenario of half-full 20,000 teu ULCVs […]

WP_Post Object ( [ID] => 224472 [post_author] => 8 [post_date] => 2020-04-28 16:52:30 [post_date_gmt] => 2020-04-28 16:52:30 [post_content] => shanghai free trade zoneBy Mike Wackett (The Loadstar) – The five-day May Day holiday shutdown in China is adding to capacity adjustment problems for ocean carriers. Notwithstanding the 20% of headhaul Asia-North Europe sailings already cancelled next month, carriers are still struggling to best match supply with ever-weakening demand and to avoid the ‘nightmare’ scenario of half-full 20,000 teu ULCVs […] [post_title] => Struggling Ocean Carriers Face China’s ‘May Day’ Shutdowns Next [post_excerpt] => By Mike Wackett (The Loadstar) – The five-day May Day holiday shutdown in China is adding to capacity adjustment problems for ocean carriers. Notwithstanding the 20% of headhaul Asia-North Europe sailings already cancelled next month, carriers ar... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => struggling-ocean-carriers-face-chinas-may-day-shutdowns-next [to_ping] => [pinged] => [post_modified] => 2020-04-28 16:52:30 [post_modified_gmt] => 2020-04-28 16:52:30 [post_content_filtered] => [post_parent] => 0 [guid] => http://gcaptain.com/?p=139768 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )