MSC and the Ocean and Premier container shipping alliances are withdrawing some transpacific and Asia-Europe services in a bid to to stem falling freight rates, according to consultancy Linerlytica’s report this week [The Loadstar].
MSC’s hapless transpacific Mustang service, which was supposed to have been reintroduced last July but was delayed by bottlenecks in Singapore, will not materialise at all, with its intended vessels moved to other lanes.
The Ocean Alliance has delayed this month’s Asia-North Europe string (NEU3) launch.
The Red Sea crisis was a new challenge for maritime shipping, which begs the question of whether the maritime shipping market will be able to adapt to new circumstances or whether the unstable situation in the Red Sea will push shippers to switch to rail transport.
The Trans-Caspian International Transport Route has developed significantly in recent years as one of the routes for freight traffic between China and Europe
