- Ocean carriers are preparing to blank around half their advertised sailings from Asia.
- It is against a background of extremely weak demand forecasts.
- Sailings will be shifted from Asia to North Europe and the US after Chinese New Year on 22 January.
High inventory levels in Europe and the US, coupled with uncertainty surrounding future consumer demand, has seen orders canceled or postponed, resulting in Chinese factories preparing to shut down well ahead of the CNY...
https://mfame.guru/ocean-carriers-plan-to-cut-their-sailings-from-asia-amid-weak-demand/