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Ocean shipping sees blank sailings drop, indicating market normalization. This signals more deployed capacity, but potential disruptions remain.
The number of blank sailings, or cancelled trips, in the ocean shipping market has decreased to its lowest point since the pandemic started, now less than 10%, suggesting a return to normalization, according to Sea-Intelligence. This shift is positive for shippers, as it indicates that ocean carriers are deploying capacity, possibly due to the introduction of new ships. However, disruptions remain in the form of ongoing operational issues and potential future changes due to new regulations or service slowdowns.
Source: Supply Chain Dive
Herein lies the good news for the shippers: the number of blank sailings is at the lowest we have seen since the pandemic started. It is not perfect – the level is not zero. But no-one should expect zero blank sailings, as a normal state of affairs @SeaIntel pic.twitter.com/haDuQwEcGx
— W.W.S.A. | Maritime & Logistics (@MaritimeLogics) July 11, 2023
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