In the first seven weeks of 2023, more than 50 routes on the Asia-Europe route will be cancelled

In responseContainer transportation marketDemand declined, and the three major leagues cancelled 53 Asia-Europe route Voyage in the first seven weeks of 2023.

According to Alphaliner, a well-known consultancy in THE industry, in THE first seven weeks of 2023, Ocean Alliance cancelled 23% of Asia-Europe routes in Voyage, 2M Alliance cancelled 24% of westbound Voyage on Asia-Europe routes, and THE Alliance cancelled 36%.Voyage.

In this regard, Alphaliner said that since the weeks after the Spring Festival are the traditional off-season of transportation, it has become a common practice for liner companies to cancel relevant Voyage in China.

The agency further explained that in the weeks leading up to the Lunar New Year, there is usually a small-scale EXP boom in China to deliver goods before factories close.

According to the information previously published by Alphaliner, only one MSC Alexandra with 14036TEU is in operation on the AE1/Shogun route of 2M Alliance.Under normal circumstances, 11 ships with 13000-20000TEU will be deployed on this route.

At that time, the person in charge of a British shipping company said that the prospect of AE1/Shogun route was worrying.In his years of industry experience, he has never seen such a sluggish transportation demand.

Regarding the large-scale suspension of liner companies, Alphaliner said: "The suspension is not only to adjust the capacity supply to cope with the declining freight demand, but also to avoid further decline in spot freight rates."

But Alphaliner said that so far, such capacity management measures have not produced obvious results.

According to the Shanghai EXP Container Freight Index (SCFI) released by Shanghai Shipping Exchange, on January 13, 2023, the Shanghai EXP Container Freight Index was 1031.42 points, down 2.8% from a week ago and 5094.36 points a year ago.It fell by 80%, which is also the lowest since July 2020.

Among them, the freight rate (ocean freight and shipping surcharge) from EXP to base port in Europe is USD 1,020/TEU, down 2.9% from a week ago.

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