According to the latest data from Copenhagen-based maritime and supply chain intelligence company eeSea, carriers have so far cancelled 302 headhaul voyages in May across the major tradelanes — 11% of the 2,693 proforma sailings.
That number is likely to increase significantly as carriers assess the full extent of the damage ...
The restructuring of global supply chains has caused a collapse in the Far East. Experts believe that the problem will not be resolved quickly and consumers will face shortages of goods and price rises.
The weakened balance of supply and demand poses complex challenges for container ship carriers.
