Supply and Demand Disparity Hits Transatlantic

Credit: Ian Simmonds/Unsplash

Too much capacity is being injected into the Transatlantic tradelane, suggesting rates are likely to topple. The Transatlantic’s high of full ships and strong rates in 2022 has started to slip due to overcapacity, as carriers redeploy tonnage into the trade from other areas, reports Riviera Maritime Media.

2022 was the best year!

Atlantic Container Line (ACL) chief executive Andrew Abbott sums it up, “2022 was the best year in ACL’s history, it was unbelievable, and...

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