The Shipping Lines serving the Asia to Europe routes have already decided on their New Years Resolution; to reduce capacity, improve their margins and increase rates. Like the resolutions that we all make every January 1st, only time will tell if they actually stick to them!
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Maersk Announces ‘Ocean Conveyor Belt’ for World’s Busiest Trade Lane
Last week, Maersk Line CEO Eivind Kolding unveiled the Daily Maersk service that offers a cut-off at the same time every day, seven days a week, and always with the same transport duration. This daily service will operate with 70 vessels sailing between Ningbo, Shanghai and Yantian to Felixstowe, Rotterdam and Bremerhaven. Effectively this will…
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