More container shipping capacity moves to South America and Africa

Mainline operators are turning their attention to the Far East-Africa and Far East-South America routes as demand wanes on the major East-West trades, according to Alphaliner.

During the Covid-19 pandemic, carriers shifted capacity to the big East West trades to take advantage of the sky high freight rates for export cargo from the Far East to North America and Europe. This resulted in a capacity reduction on some North South routes.

As the liner shipping sector has normalised and rates are under...

https://container-news.com/more-container-shipping-capacity-moves-to-south-america-and-africa/

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