Lack of cargo from China forces containership cancellations

Ocean carriers have been discounting container spot rates from Asia, but there is still insufficient cargo to sustain the alliance service networks, even though schedules have been reduces, reports The Lodestar.

Maersk and MSC cancelled last week’s 2M AE7/Swan loop from China to North Europe at very short notice after they were unable to secure enough cargo.

MSC Rifaya (IMO 876388) began its loading programme in Ningbo, China on Monday, but rather than despatch the ship to Europe less than half-full, it was decided to anchor the vessel, according to reports. The 2M partners said today they would also halt the sailing of the AE15 loop this week, with the 13,050 teu MSC Ariane scheduled to start loading in Shanghai today February 10th.

Earlier last week 2M announced  further void sailings to the Mediterranean and on the transpacific, together with a number of other westbound cancellations by the Ocean and THE alliances.

2017-built, Liberia-flagged, 193,489 gt MSC Rifaya is owned by Titan Box Shipping Co care of MSC of Geneva, Switzerland. It is entered with Standard Club (International Division) on behalf of Titan Box Shipping Co Ltd.

2012-built, Panama-flagged, 143,521 gt MSC Ariane is owned by Ainara Commercial SA care of manager MSC of Geneva, Switzerland. It is entered with Standard Club (International Division) on behalf of Ainara Commercial SA.