{"id":11571,"date":"2025-02-11T15:58:24","date_gmt":"2025-02-11T15:58:24","guid":{"rendered":"https:\/\/axxessintl.com\/more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse\/"},"modified":"2025-02-11T16:01:38","modified_gmt":"2025-02-11T16:01:38","slug":"more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse\/","title":{"rendered":"More Blanked Sailings: ‘Carriers Will Not Sit on Their Hands While Rates Collapse’"},"content":{"rendered":"

Last week\u2019s Shanghai Containerized Freight Index (SCFI), which collates quotes for the forthcoming week, saw declines across all its trade routes, bar a 10% week-on-week increase on China-Mexico.<\/span><\/p>\n

The SCFI\u2019s China-North Europe and China-Mediterranean dropped 16% and 5% on the previous week, respectively, while the rates to the U.S. west and east coasts both fell 5% week on week.<\/p>\n

\u201cPost-Chinese New Year though to the end of February there are going to be some very attractive spot rates out of Asia \u2013 this is a market run purely by supply and demand,\u201d explained Zencargo VP of global ocean freight Anne Sophie Fribourg.<\/p>\n

The main lever for carriers to halt the slide in rates is to curtail capacity, and Xeneta head analyst Peter Sand warned recently that the number of blanked sailings was likely to significantly increase.<\/p>\n

\u201cCarriers will not sit on their hands while freight rates collapse. They will do everything they can to keep rates elevated, and have got much smarter at capacity management in recent years,\u201d said Sand.<\/p>\n

\u201cWill it be enough? Hardly,\u201d he added.<\/p>\n

Read more in an\u00a0article from The Loadstar<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Last week\u2019s Shanghai Containerized Freight Index (SCFI), which collates quotes for the forthcoming week, saw declines across all its trade routes, bar a 10% week-on-week increase on China-Mexico.<\/p>\n","protected":false},"author":15,"featured_media":11569,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1568,1569],"types-de-nouvelles":[],"class_list":["post-11571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-freight-news","tag-scfi-en","tag-shanghai-containerized-freight-index-en"],"yoast_head":"\nMore Blanked Sailings: 'Carriers Will Not Sit on Their Hands While Rates Collapse' - Axxess International<\/title>\n<meta name=\"description\" content=\"Last week\u2019s Shanghai Containerized Freight Index (SCFI), which collates quotes for the forthcoming week, saw declines across all its trade routes, bar a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/axxessintl.com\/en\/more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More Blanked Sailings: 'Carriers Will Not Sit on Their Hands While Rates Collapse' - Axxess International\" \/>\n<meta property=\"og:description\" content=\"Last week\u2019s Shanghai Containerized Freight Index (SCFI), which collates quotes for the forthcoming week, saw declines across all its trade routes, bar a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/axxessintl.com\/en\/more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse\/\" \/>\n<meta property=\"og:site_name\" content=\"Axxess International\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-11T15:58:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-11T16:01:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/axxessintl.com\/wp-content\/uploads\/2025\/02\/chuttersnap-9cCeS9Sg6nU-unsplash-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Audrey Bayiha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Audrey Bayiha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/axxessintl.com\\\/en\\\/more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/axxessintl.com\\\/en\\\/more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse\\\/\"},\"author\":{\"name\":\"Audrey Bayiha\",\"@id\":\"https:\\\/\\\/axxessintl.com\\\/en\\\/#\\\/schema\\\/person\\\/704159ba4c0faec084361414b98520f3\"},\"headline\":\"More Blanked Sailings: ‘Carriers Will Not Sit on Their Hands While Rates Collapse’\",\"datePublished\":\"2025-02-11T15:58:24+00:00\",\"dateModified\":\"2025-02-11T16:01:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/axxessintl.com\\\/en\\\/more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse\\\/\"},\"wordCount\":196,\"publisher\":{\"@id\":\"https:\\\/\\\/axxessintl.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/axxessintl.com\\\/en\\\/more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/axxessintl.com\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/chuttersnap-9cCeS9Sg6nU-unsplash-2.jpg\",\"keywords\":[\"SCFI\",\"Shanghai Containerized Freight Index\"],\"articleSection\":[\"Freight News\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/axxessintl.com\\\/en\\\/more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse\\\/\",\"url\":\"https:\\\/\\\/axxessintl.com\\\/en\\\/more-blanked-sailings-carriers-will-not-sit-on-their-hands-while-rates-collapse\\\/\",\"name\":\"More Blanked Sailings: 'Carriers Will Not Sit on Their Hands While Rates Collapse' - 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