- Ocean carriers face challenges maintaining weekly sailings from Asia to Europe via the Cape of Good Hope due to the Red Sea crisis.
- Despite receiving significant newbuild capacity, carriers still grapple with extended voyages impacting revised schedules.
- Carriers resort to a hybrid strategy involving extra vessels, speed adjustments, and charter market sailings.
- Alphaliner’s analysis reveals the struggle of major alliances, such as Ocean Alliance, to secure additional tonnage, emphasizing the broader issue of chronic overcapacity in the industry.
Navigating Red Sea Challenges: Carriers Strive for Schedule Reliability
Explore the hurdles faced by ocean carriers in ensuring weekly sailings from Asia to Europe amidst the ongoing Red Sea crisis. Delve into the analysis by Alphaliner, revealing the difficulties carriers encounter in adhering to revised proforma schedules. Uncover the need for additional vessels to guarantee scheduled departures and the hybrid strategy adopted by carriers to address gaps in their networks.
Capacity Surge vs. Schedule Sustainability
Examine the impact of a substantial surge in newbuild capacity, with 425,000 TEU delivered this year, on carriers’ efforts to maintain schedule reliability. Understand the challenges posed by extended voyages and the hybrid approach adopted by carriers, involving speed adjustments and charter market sailings. Alphaliner’s insights shed light on the struggle faced by major alliances, particularly the Ocean Alliance, in securing additional tonnage to shore up their networks.
Chronic Overcapacity: The Lingering Challenge for Liner Shipping
Gain an understanding of the underlying chronic overcapacity issue in the liner shipping industry, fueled by the ordering frenzy during the pandemic-driven demand surge. Alphaliner’s stark reminder emphasizes that despite some carriers adding newbuildings to their fleets, the risk of overcapacity persists. Explore the potential implications of any short- or middle-term resolution to the Red Sea conflict, highlighting the immediate risk of rendering many ships redundant.
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Source: The Loadstar
