Drewry: Cancelled Sailings Tracker Shows Capacity Gradually Returning
Our weekly tracker provides a snapshot of blank sailings announced by each Alliance versus the total number of scheduled sailings. The post-Golden Week market is entering a new phase, with capacity gradually returning but pricing pressure building unevenly across the major trades. Drewry’s World Container Index (WCI) stood at $4,351 per 40ft on 8 October, ...
Drewry’s weekly tracker reveals that capacity from cancelled sailings is gradually returning in the post-Golden Week market. The total number of scheduled sailings stands at 713, with 34 expected to be cancelled out of the 34 blank sailings announced. This represents a 5% cancellation rate, with 95% of the scheduled sailings anticipated to operate.
Disruptions are most concentrated on Asia–North Europe/Med routes, accounting for 50% of the cancellations. The Transpacific eastbound trade follows at 32%, while the Transatlantic trade accounts for 18%. The World Container Index (WCI) currently stands at $4,351 per 40ft, down 2% week-over-week, as rates ease across the Transpacific, Asia–Europe/Med and Transatlantic trades. Despite the easing of capacity, pricing pressure remains uneven across the major trades.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.