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…..

Sydney: Storms Impact Logistics

Storms lashed Sydney and neighbouring regions early Wednesday morning, causing flash floods that have brought transport and logistics to a standstill.According to reports, within just two hours of the storm, Sydney had its average monthly rainfall.There has been a...

Snow Storms Impact US flights

As the Thanksgiving weekend came to a close on Sunday, airline flights faced delays and cancellations in the US Midwest due to a winter storm.Across the US, more than 1,250 flights had been canceled on Sunday and another 4,775 delayed, with nearly 275 U.S. flights...

China Expo Lands $58 Billion In Deals

The first ever China International Import Expo was held last week and reports suggest that around $58 billion of deals were agreed during its six day duration.Thousands of foreign businesses joined together with Chinese buyers to attend the trade event, which was held...

Share This

Please Share This Article

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