With the upcoming Golden Week holiday in Asia in early October, as factories close, and container demand to and from Asia declines, shipping lines respond by blanking sailings to match supply with the lower demand, according to latest Sea-Intelligence report.
“However, when we first looked at the blanked capacity at the 2023 Golden Week two weeks ago in issue 629 of the Sea-Intelligence Sunday Spotlight, the carriers had not planned anything near to what was necessary to meet the blanked...