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Next week, starry sky shift
Europe will welcome large-scale suspension
Due to the sharp decline in demand for global trade routes, shipping companies are preparing to implement the most severe liner service since the outbreak of the epidemic.
In fact, according to foreign industry media, following the recent suspension and reduction of trans-Pacific route services, the three major alliances are considering suspending or merging some Asian-Nordic Circle services to mitigate the impact of a sharp decline in bookings and alleviate the erosion of a sharp decline in freight rates.
Deluri has lowered its growth forecast for this year to 1.5% and its growth forecast for 2023 to 1.9%, compared with a net increase of 11.3% next year as new ships of 2.6 million TEUs are about to be launched. But the agency is optimistic that shipping companies will be able to adjust supply to meet demand through " leverage adjustment" in the current cycle and reverse the hard landing. These levers include delaying the delivery of some new ships and idling ships for delivery.
Deluri said that it is precisely the speed of the market that can be confirmed that all shipping companies will adjust their capacity with a more positive attitude than previously expected. believes that carriers "will not stand by when spot freight rates fall." "To maintain profitable business, shipping companies will eliminate more old, more polluted ships from the market as quickly as possible. The number of ship dismantlings is expected to be close to record levels next year, while the container industry has almost zero ship dismantlings this year."
