Asia Export Capacity Squeeze

by | Mar 6, 2017

Some steamship lines have reportedly been refusing new bookings for containers from UK & European ports to the Middle East and Asia recently. The squeeze on capacity has been caused by cancelled sailings around the Chinese New Year period, largely influenced by the upcoming reshuffle in carrier alliances.

Export rates have been rising sharply too as demand has started to outweigh supply and this trend may continue beyond this month, until the new alliances and schedules are bedded in.

While space issues are unprecedented for this time of year, this does follow a similar pattern to the recent issues experienced on imports from Asia, where capacity was unusually stretched following CNY.  There may be further disruption to sailings and services over the next few weeks as carriers align vessels to the needs of their new alliances and in some cases completely change their UK port of call.

While Uniserve customers have not been directly affected by capacity short shipments, we are monitoring the situation closely and will keep clients advised of any movement in costs. Should you require any further information then please contact your local Uniserve representative or email info@ugroup.co.uk.

 

 

 

More News…..

Queens Award For Chelsom

Uniserve customer Chelsom have just received the prestigious 'Queens Award for Enterprise in International Trade', in recognition of its outstanding export achievements over the past three years. The Blackpool based decorative lighting manufacturer won Britain's most...

40 Strong Trailblazer Meeting

More than 40 participants are due to attend tomorrow’s Trailblazer Group meeting, which is being held and chaired by Universe Group at the Supply Chain Academy in Upminster. Attendees are arriving from a broad cross section of business, higher education and...

Shanghai Port Congestion

The world's busiest container port, Yangshan in China's business hub of Shanghai, is battling heavy congestion brought about by dense fog, higher-than-usual volumes and reportedly the shake-up in shipping alliances. Numerous container vessels have been delayed outside...

Share This

Please Share This Article

It only takes a couple of clicks and it would be greatly appreciated! Many Thanks